5500 Saint Claude Ave - Freestanding FOR SALE


New Orleans, LA 70117- Holy Cross
$699,000 USD
504-301-1002
5500 Saint Claude Ave, New Orleans, LA for Sale
$699,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

5500 Saint Claude Ave
New Orleans, LA 70117
Holy Cross


OVERVIEW

Formerly operated as a Walgreens, this large commercial building with ample off street parking is located on the signalized corner of St. Claude Avenue and Fats Domino Avenue. The building has been gutted and is currently in shell condition, with no known structural issues. The property is concrete masonry construction with a structural steel roof. The property features parking for 40+ vehicles, high ceilings, large roll up warehouse doors, and strong street presence. The HU-MU zoning allows for a multitude of commercial uses including retail, office, healthcare, storage, etc.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,203 SF

ZONING

HU-MU

APN/PARCEL ID

3-9W-2-046-01

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.