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Warehouse, Offices, Or Other Retail With Show Room Space

$295,000

5229 Saint Claude Avenue, New Orleans, LA 70117

Active
Last Updated: 09/28/2022

2,372 sqft

Building Size

5,015 acres

Lot Area

Details:
Building Size:    2,372 sqft
Lot Area:    5,015 acres
Units:    1
Occupancy:    100%
Zoning:    HU-MU
Floors:    1
Description:

WAREHOUSE, OFFICES, OR OTHER RETAIL WITH SHOW ROOM SPACE

 

This 2400 sqft building is perfect for almost any purpose. The area is slated to become an arts district with unique investment programs designed to revitalize the St Claude corridor.

 

This location would be good as either a restaurant, retail store, art gallery with space for a private art studio, warehouse for art or building supplies, an auto repair shop, a hair salon, or even offices with space for a show room. It would even be good as a convenience store. It would be a great place for a bar with video poker, too. An investor looking to buy a building to lease to one or more of these businesses as tenants could also be an option. There's plenty of parking.

 

ABOUT CRIME:

 

The current owner operator has never been robbed once in almost 40 years. It was broken into only once, which was right after Katrina with no electricity and no alarm system. Other than that, the owner has always had alarms, cameras, and good neighbors. It is also on the main street with traffic always going by. This neighborhood is on an upward trend. From St. Claude to the river is the historic Holy Cross neighborhood. Renovations and new construction homes are an ongoing thing. This neighborhood has always been better than across the canal due to it being single family and double type homes and not big government project type housing.

 

ABOUT FINANCING:

 

There are unique financing options available for this area of town from the city as well as the state. This property is located in an Opportunity Zone, and it is along the area of St Claude in the 9th Ward that is part of the "Main Street" Program designed to revitalize the area. Reach out to the NOLABA and the LED for more information.

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