$110,000
22.1 Acres with Over 2,200 Ft of River Frontage on Bogue Chitto – Parcel D
Franklinton, Louisiana
Soft OfferCommercial Property for Sale in New Orleans Louisiana 70117
2525 Burgundy St, New Orleans, Louisiana 70117
$1,895,000
$230 / sq ft Listed Aug 2, 2024
8,227 sqft
Building
8,227 sqft
Lot
2
Stories
3
Units
Class B
Class
About this property
Commercial Property for Sale in New Orleans Louisiana 70117 is a multifamily for sale in New Orleans, Louisiana, listed at $1,895,000. Key details: building size 8,227 sqft, lot size 8,227 sqft, stories 2, total units 3. Listed by Chris Talbot of Talbot Realty Group on LoopingCloud and last updated August 2, 2024.
Owner Financing Available. Beautiful Renovation in the Marigny Neighborhood of New Orleans. Fully restored historic building converted into a Mixed-Use Space. 3-units; 2x residential and 1x commercial office space. The building measures approx 8,250 sf (Commercial Unit: 4,597 sf, Apartment 1: 2,669 sf, Apartment 2: 961 sf.) See attached floor plans. Apartment 1 is a 2-story owners unit featuring 4 bedrooms and 3 full bathrooms. The commercial unit is currently leased to an architectural firm.
Key highlights
- Mixed use
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Building Size
- 8,227 sqft
- Lot Size
- 8,227 sqft
- Stories
- 2
- Total Units
- 3
- Building Class
- Class B
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$230
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $1,895,000 | - | - | - | - |
| Purchase Only | $1,895,000 | - | - | - | - |
Features and amenities
Property Other Use Types
- Mixed use
Highlights
- Seller Financing Available Mixed Use Tenant Occupied Commercial Space
Location
Address as shown by the lister.
Get directionsAbout this area - New Orleans
- Population
- 51,252
- Housing units
- 22,469
- Land area
- 6.3 sq mi
- County
- Orleans
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
1 file to downloadFrequently asked questions
What is the asking price of Commercial Property for Sale in New Orleans Louisiana 70117?
Commercial Property for Sale in New Orleans Louisiana 70117 is listed at $1,895,000. That works out to about $230 per square foot.
Where is Commercial Property for Sale in New Orleans Louisiana 70117 located?
The property is in 2525 Burgundy St, New Orleans, Louisiana 70117, Orleans County.
What type of property is this?
This is a multifamily for sale in the commercial category.
How big is the property?
The building is 8,227 sqft. The lot is 8,227 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Chris Talbot of Talbot Realty Group listed this property. Use the Request Info button to send a message or call (504) 319-1452.
When was this listing published?
It was published on August 2, 2024 and last updated on August 2, 2024.
Listing information
- Listing ID
- CL-Louisiana-11149
- Published
- Aug 2, 2024
- Last updated
- Aug 2, 2024
- Views
- 328
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