Live / Work Warehouse District Loft

Retail-Commercial for Sale
Catylist Listing ID: 30284651
Property Subtypes: Mixed Use, Street Retail
Condo? Yes
Building Size (RSF): 1,252 SF
Gross Building Area: 71,709 SF
Sale Price: $519,000
Property Use Type: Vacant/Owner-User
Building Name: Lengsfield Lofts
Usable Size (USF): 1,252 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/30/2018

Overview / Comments

Located in the Warehouse/Arts District on the corner of Tchoupitoulas and John Churchill Chase lies the Lengsfield Lofts. Once a packing warehouse, this building was converted in 2004 into 29 unique condo units with parking. Walk to the city’s hottest restaurants, museums, galleries, and shopping. Easy access to I-10, Uptown, Westbank, and French Quarter.

This ground floor unit has been an exclusive, cutting-edge salon for the past 12 years. The condo features a studio commercial space on the ground floor with a loft on the second floor. Zoned CBD-6, which includes, among many other permitted uses, Commercial Short Term Rentals.

Soaring 18-foot ceilings accentuate a spacious and open layout. Huge windows with river facing views add tons of natural light. Contemporary, sleek design blends with original details including concrete floors and exposed brick. Modern updates include built-in entertainment shelving in the loft, barn door, eco-friendly carpeting, California Closets, Fios lighting, window treatments, UV coating on windows to reduce glare, and custom double glass entry door. Enjoy a private garage parking space and access to a gorgeous roof deck with 360-degree views of the city.

The monthly condo fees, which cover water, termite contract, property management and insurance, are approximately $495 per month.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41146425
Is Condo?: Yes
Zoning: CBD-6
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino
Property Located Between: John Churchill Chase & Gaienne Streets
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 4
Property Condition: Good
Year Renovated: 2004
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Painted masonry with factory-style metal windows.
Total Parking Spaces: 1
Parking Type: Structure
Parking Description: A single, garage parking space conveys with this unit.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,645 197,037 395,942
Median Age: 37 35.68 36.94
Households: 9,598 85,271 165,264


Photograph of Listing Agent

Jonathan D Shaver

RE/MAX Commercial Brokers Inc Metairie, LA 70002
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.