2506 Tulane ave - Office FOR SALE


New Orleans, LA 70119- Tulane-Gravier
$1,200,000 USD
985-674-1197
2506 Tulane ave, New Orleans, LA for Sale
$1,200,000 USD
Office - FOR SALE
1/4
null | 9% Cap Rate

2506 Tulane ave
New Orleans, LA 70119
Tulane-Gravier


OVERVIEW

Three property bundle for sale with about a 9% Cap Rate. Two buildings 2508 / 2514 Tulane Ave and vacant lot 519 S Rocheblave St. Both buildings are income producing with office, retail and multi-family tenants. The vacant lot has previously been used as parking rental. This property is directly across new Trader Joe facility and close to Department of Veteran of Affairs medical facility. University Medical Center is just down the street. The income will help pay for the property while waiting for re-development. The 3 lots combined offer many re-development options. Property zoned MU-2 High Intensity Mixed-Use District. Contact agents for more information or viewing.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Three property bundle for sale

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

-

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael D'AmicoProperty One, Inc.More Info
985-674-1197

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Michael D'AmicoProperty One, Inc.More Info
985-674-1197

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.