Catylist ID: #30180885
Freestanding Corner Mid-City Office Building
Office for Sale
|Catylist Listing ID:||30180885|
|Property Subtypes:||Office Building|
|Building Size (RSF):||3,247 SF|
|Gross Land Area:||9,127 SF|
|Unit Price:||$169.39 PSF|
|Property Use Type:||Vacant/Owner-User|
|Class of Space:||Class B|
|Usable Size (USF):||3,247 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
Highly visible, single story Mid-City office building at the intersection of Banks Street and South Jefferson Davis Parkway. The building has Spanish revival architectural features such as red tile roofing tiles and stucco exteriors. The expansive corner lot also provides at least 8 parking spaces and plenty of room for landscaping.
The building has been used in single- and multiple-tenant configurations in the past, and is currently utilized as two separate office suites. The owners occupy the larger (approximately 2,200sf) suite and have leased out the smaller (approximately 1,000sf) suite in the past. The smaller suite was damaged by the early August 2017 floods. It has not been repaired and is currently being used as storage.
Mixed use zoning allows for a variety of uses including art galleries, micro-breweries, office, restaurant and retail.
Existing flood premium is $9,384. Current owner is a non-profit and does not pay property taxes.
Attachments & Media
|Nearest MSA:||New Orleans-Metairie|
|Submarket/Township:||Greater New Orleans|
|Property Located Between:||Banks & Tulane|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Typical SF / Floor:||3,247 SF|
|Legal Description:||Square 680, Lots 9, 10 & 11|
|Proximity:||1 mile||3 miles||5 miles|
Jonathan D ShaverRE/MAX Commercial Brokers Inc Metairie, LA 70002
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