4705 Iberville St - Flex FOR SALE


New Orleans, LA 70119- Mid-City
$425,000 USD
504-210-2014
4705 Iberville St, New Orleans, LA for Sale
$425,000 USD
Flex - FOR SALE
1/23
null | Request Cap Rate

NEW


4705 Iberville St
New Orleans, LA 70119
Mid-City


HIGHLIGHTS

  • Versatile work live building
  • One block off of Canal Street with quick access to I-10 and nearby dining, shopping, and the streetcar line along the Canal & Carrollton corridors.
  • Open Layout

OVERVIEW

This versatile work live building ideally located in the heart of Mid-City, offering a rare opportunity to combine a commercial use unit and residential space under one roof. One block off of Canal Street with quick access to I-10 and nearby dining, shopping, and the streetcar line along the Canal & Carrollton corridors. The central location balances convenience with the character of a vibrant, historic community. Tenant occupied residential side (4707) is 2 bed, 1 bath shotgun floor plan with 1,030 living SF with the kitchen and living room toward the front and bedrooms toward the back renting for $1,695 per month. The vacant commercial side (4705) has large open spaces that can be easily converted to suit with a bathroom and storage toward the back. Conditional use permit from the city noting Neighborhood Commercial Establishment approval attached to the residential property disclosure attached to the listing and available upon request. The classic exterior presents a clean façade with large storefront windows, ideally suited for office, retail or otherwise. Inside, the commercial side offers a bright, open layout with excellent ceiling height and wood flooring, making it easy to adaptable to various uses. The adjoining 2 bedroom, 1 bathroom shotgun plan residential unit features high ceilings, abundant natural light, an open living and dining layout, and refinished original wood floors, creating a welcoming and flexible home environment. The flexible design offers options for convenience or the ability to lease the spaces separately to multiple tenants.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1908

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2-06-2-103-02

ASK ABOUT THIS PROPERTY

Aaron DareCrane RealtorsMore Info
504-210-2014

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Aaron DareCrane RealtorsMore Info
504-210-2014

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