5325 Canal Blvd - Storefront FOR SALE


New Orleans, LA 70124- Navarre
$1,500,000 USD
504-301-1002
5325 Canal Blvd, New Orleans, LA for Sale
$1,500,000 USD
Storefront - FOR SALE
1/19
null | Request Cap Rate

5325 Canal Blvd
New Orleans, LA 70124
Navarre


OVERVIEW

Available for sale or lease, 5325 Canal Blvd offers an exceptionally positioned building with extensive off-street parking on bustling Canal Blvd. Located at the crossroads of Lakeview and Mid-City, the property features a ~5,000 SF open space with 13’ ceilings along with ~1,100 SF of conditioned office space. The property includes a large 6,000 SF lot which can be utilized as storage, parking for 24+ cars, or new construction to be used in conjunction with the main building. Previously, the property was used as a laundromat/dry cleaning drop-off. As such, a 6” gas line and a large 3” water line service the site. The zoning allows for a host of uses including retail, office, restaurant, grocery, medical, pet service, etc. Ownership will consider selling the lot separately from the building. The property is extremely visible and is in close proximity to a number of retailers, restaurants, and destinations, including Helm Paint, Sherwin Williams, The Bulldog, MoPho, Cafe Navarre, Morning Call, Buds Broilers, and many others. Additionally, the site is just a short drive from Old Metairie, Bucktown, Lakeview, and other prime New Orleans neighborhoods.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$248 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,307 SF

ZONING

S-LB2

APN/PARCEL ID

2-06-3-061-06

ASK ABOUT THIS PROPERTY

Ben Jacobsonben + burkaMore Info
504-301-1002

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Ben Jacobsonben + burkaMore Info
504-301-1002

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