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$ 2,300,000
Est. payment | /mo
6,460 SqFt
$ 2,300,000
Est. payment | /mo
6,460 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,460 sqft
Price per Sqft $356
MLS Listing ID NO2527433
Lot Size 21779.999 Acres
Acres 0.5
Property Sub-Type Hotel/Motel,Retail
Property Description
Available for sale, 1608 St. Charles, et al, represents a truly one of a kind acquisition opportunity in the thriving Lower Garden District commercial corridor. With prominent frontage on historic St. Charles Avenue and the streetcar line, as well as strong visibility along Prytania Street, the property is ideally positioned for a transformative mixed-use or hospitality-driven project. Preliminary zoning analysis and conceptual plans support a boutique hotel with a bar, restaurant, outdoor pool/lounge area, and on-site parking. All buildings are currently vacant or occupied on a MTM basis, allowing near-term redevelopment flexibility or the opportunity for a covered land play. Note that this listing is for only a portion of the total portfolio, see other listings for additional information. Ownership is considering a sale for the entire package (listed separately at $3,200,000.00), or the St. Charles Frontage with Terpsichore lots (this listing, $2,300,000.00) or the Prytania Building with the associated Prytania lot (listed separately at $995,000.00).
Location
State LA
Zoning MU-1/
Exterior
Parking Features Parking Lot
Garage false
Building
Level or Stories 3
Others
Tax ID 41145643
Listed by Ben & Burka