2426 Simon Bolivar Avenue Active

New Orleans,LA 70113

$ 440000

- Bed

0 Bath

3952 SqFt


Key Details

Property Type Commercial

Sub Type Professional/Office,Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,952 sqft

Price per Sqft $111

MLS Listing ID NO2491008

Property Sub-Type Professional/Office,Retail

Property Description

This prime retail center, located at a prominent corner along the high-traffic Simon Bolivar Avenue, just a few minutes from the French Quarter, offers exceptional visibility. Zoned HU-B1, the one-story building comprises three individual units, with 2 upstairs flex spaces has ample parking space for over 10 vehicles in front. Current lease income is $4050. Additionally, the property includes an adjacent parcel, providing excellent potential for future expansion. Currently, the center is fully leased, all operating on gross monthly leases. Each unit is equipped with its own separate meter, offering flexibility for tenants. The surrounding area continues to experience steady growth in both business and residential sectors. The property is situated within a HUBZone- Historic Urban Neighborhood Business District.

Location

State LA

Zoning HUB-1

Exterior

Parking Features Parking Lot

Garage false

Building

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 412300908

Acceptable Financing Owner Will Carry

Listing Terms Owner Will Carry

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