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$ 1,595,000
Est. payment | /mo
19,220 SqFt
$ 1,595,000
Est. payment | /mo
19,220 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,220 sqft
Price per Sqft $82
MLS Listing ID 2481611
HOA Y/N No
Year Built 1976
Lot Size 1.104 Acres
Acres 1.1042
Property Description
81% leased retail investment opportunity in a bustling area of the East. This shopping center is just off of Read Boulevard less than a half mile from I-10 and has great proximity to New Orleans East Hospital, Joe Brown Park and the Audubon Louisiana Nature Center. This location provides nice visibility and a robust customer base. The property boasts recognizable tenants including H&R Block and Subway. 8 of the 10 suites are currently leased - suites 9 & 10 are vacant which was formerly used as one suite by a medical practice. The property has been maintained well over time by the current owner. The roof is new, plumbing under the slab is replaced and 4 HVAC systems were replaced in July 2024. There are 64 total parking spaces in the parking lot. This is a true turn-key investment opportunity.
Location
State LA
County Orleans
Community Common Grounds/Area
Zoning C-2
Interior
Fireplace No
Exterior
Parking Features Parking Lot, Three or more Spaces
Community Features Common Grounds/Area
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description City Lot, Irregular Lot, Oversized Lot
Dwelling Type Office,Retail
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 39W016374
Special Listing Condition None
Listed by Crane Real Estate Brokers
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