5402-04 ST CHARLES Avenue

New Orleans, LA
  • Property Type: Retail
  • 27,000 sqft

$4,998,000

Remarks

Prime Uptown Location - Long-Term Investment Opportunity! Rare offering in one of New Orleans' most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe's. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!


Details

Listing ID:
NO2496673
Parish
Orleans
Assessment
614229301
Legal Desc
SQ 403 LOTS 1 2 4 PT 3 C 80/135X287/308 5402-06 ST CHAS & 1578-98 JEFF 3 STY-B-27 APTS FILE #48006
Parking:
Assigned

Interior

Lot Dimensions
80X135/287X308

Exterior

Construction
Concrete
Lot Size Area
0.73 ac
Features
Living Space Available

Location

Directions
Bounding Streets: Jefferson, Octavia, Garfield
Parish
Orleans
Sub Type:
Commercial
Zoning:
HU-RS

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