8500 Oak St - Storefront Retail/Office FOR SALE


New Orleans, LA 70118- Leonidas
$1,825,000 USD
504-920-1984
8500 Oak St, New Orleans, LA for Sale
$1,825,000 USD
Storefront Retail/Office - FOR SALE
1/32
null | Request Cap Rate

8500 Oak St
New Orleans, LA 70118
Leonidas


OVERVIEW

Such a UNIQUE building with so much to offer. Ground floor is currently a shell, where we were going to build a restaurant and bar. Plumbing is stubbed in. Ground floor is a garage and could be built out for a coffee shop, restaurant, bar, retail space, office, etc. Ground floor total area is 4,300 square feet. Recently completed a $300,000 renovation of the ground floor to include roofing/concrete/plumbing/electrical, etc. Upper floor is a Beautifully finished and decorated 4 bedroom 2 bath home, currently occupied as a vacation rental, covering roughly 2,300 square feet. See attached link for interior photos of vacation rental. Tremendous Opportunity. HU-MU zoning for this Thriving residential / commercial area. Willing to sell or lease ALL or Air B&B website link is part.https://www.airbnb.com/rooms/51682201?guests=1&adults=1&s=67&unique_share_id=6fd073ef-cc52-48e2-bb2a-54e390d627d9

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

Commercial/Residential

APN/PARCEL ID

7-16-1-109-16

ASK ABOUT THIS PROPERTY

Lauren VanCampAnthony Posey Properties IncorporatedMore Info
504-920-1984

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Lauren VanCampAnthony Posey Properties IncorporatedMore Info
504-920-1984

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