4321 S Claiborne Ave - Storefront FOR SALE


New Orleans, LA 70125- Broadmoor
$695,000 USD
504-587-1450
4321 S Claiborne Ave, New Orleans, LA for Sale
$695,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

4321 S Claiborne Ave
New Orleans, LA 70125
Broadmoor


HIGHLIGHTS

  • Close proximity to Freret Street
  • Near major national tenants
  • Building available for Sale and for Lease

OVERVIEW

This two-building property is located at signalized intersection of Napoleon and S. Claiborne avenues. It consists of a primary freestanding structure that is 3,358.5 sf with roll-up hurricane doors, floodlights, and hanging exterior signage. The smaller 454.5-sf back structure has its own separate HVAC and entrance, but is only accessible from the main building. Both buildings must be leased together. The buildings have been completely renovated with LED lights, central HVAC in the first building and an HVAC unit in the back building, and concrete floors. The open floor plan can be adapted for various uses. This property has great visibility in a dense commercial corridor. It is within one block of Ochsner Hospital, Touro Imaging Center, and the new Ochsner ob-gyn clinic opened on Claiborne. There are also national retailers, pharmacies, and fast-food restaurants all close by, and it is immediately adjacent to a retail center that includes Green Tea Restaurant and a Verizon store. This property has been serving neighborhood needs for generations, since the 1930s. It was previously the long-time home of South Claiborne Hardware, but it also served as a neighborhood grocery store. Continue the tradition with this space that is ideal for retail, storage, medical, fitness, craft/event, or office use. The building is also available for lease as well - see separate listing.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,095 SF

ZONING

MU-1

APN/PARCEL ID

6-14-3-425-15

ASK ABOUT THIS PROPERTY

Andrea HusemanCorporate RealtyMore Info
504-587-1450

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

Andrea HusemanCorporate RealtyMore Info
504-587-1450

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