8228 Oak St - Office FOR SALE


New Orleans, LA 70118- Leonidas
$1,150,000 USD
504-301-1002
8228 Oak St, New Orleans, LA for Sale
$1,150,000 USD
Office - FOR SALE
1/24
null | Request Cap Rate

8228 Oak St
New Orleans, LA 70118
Leonidas


OVERVIEW

Available for sale or lease, 8228 Oak Street offers a fully built-out quick-serve restaurant (no hood) on the ground floor ready for immediate occupancy, along with a leased second-floor office space providing additional income. Formerly occupied by Primo Hoagies, the ground floor underwent an extensive renovation in 2022, including a full restaurant buildout. The space features a front retail/dining area, large kitchen and prep area, dish pit, new HVAC, grease trap, walk- in cooler/freezer, office, and additional storage and prep space. The property also includes off-street parking for multiple vehicles. The second floor is leased to a photography studio on a gross lease, providing stable in-place income. The property is located along the highly desirable Oak Street corridor in Uptown New Orleans, in immediate proximity to a strong mix of local restaurants, bars, retailers, offices, and coffee shops.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Oak Street Modern Retail

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

HU-MU

APN/PARCEL ID

7-16-1-106-02

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 Notice.