40
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$4,998,000
Est. payment /mo
27,000 SqFt
Price Dropped by $402K
5402-04 St Charles Avenue New Orleans, LA 70115
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 27,000 sqft
Price per Sqft $185
MLS Listing ID NO2496673
Lot Size 31798.800 Acres
Acres 0.73
Property Sub-Type Retail
Property Description
Prime Uptown Location - Long-Term Investment Opportunity! Rare offering in one of New Orleans' most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe's. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!
Location
State LA
Zoning HU-RS
Exterior
Parking Features Assigned
Garage false
Building
Level or Stories 3
Others
Tax ID 614229301
Listed by John Weil Realty, LLC
Nearby Locations
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