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$ 440,000
Est. payment /mo
Price Dropped by $15K
2426 SIMON BOLIVAR AVE New Orleans, LA 70113
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2491008
HOA Y/N No
Year Built 1980
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.
Neighborhood Business District.
Location
State LA
County Orleans
Zoning HUB-1
Interior
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Building
Lot Description Corner Lot, City Lot, Irregular Lot
Dwelling Type Office,Retail
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 4-12-3-009-08
Special Listing Condition None
Listed by McCarthy Group REALTORS