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$ 2,300,000
Est. payment | /mo
6,460 SqFt
$ 2,300,000
Est. payment | /mo
6,460 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,460 sqft
Price per Sqft $356
MLS Listing ID 2527433
HOA Y/N No
Year Built 1900
Lot Size 0.500 Acres
Acres 0.5
Property Description
Available for sale, 1608 St. Charles, et al, represents a truly one of a kind acquisition opportunity in the thriving Lower Garden District commercial corridor. With prominent frontage on historic St. Charles Avenue and the streetcar line, as well as strong visibility along Prytania Street, the property is ideally positioned for a transformative mixed-use or hospitality-driven project. Preliminary zoning analysis and conceptual plans support a boutique hotel with a bar, restaurant, outdoor pool/lounge area, and on-site parking.
All buildings are currently vacant or occupied on a MTM basis, allowing near-term redevelopment flexibility or the opportunity for a covered land play.
Note that this listing is for only a portion of the total portfolio, see other listings for additional information. Ownership is considering a sale for the entire package (listed separately at $3,200,000.00), or the St. Charles Frontage with Terpsichore lots (this listing, $2,300,000.00) or the Prytania Building with the associated Prytania lot (listed separately at $995,000.00).
All buildings are currently vacant or occupied on a MTM basis, allowing near-term redevelopment flexibility or the opportunity for a covered land play.
Note that this listing is for only a portion of the total portfolio, see other listings for additional information. Ownership is considering a sale for the entire package (listed separately at $3,200,000.00), or the St. Charles Frontage with Terpsichore lots (this listing, $2,300,000.00) or the Prytania Building with the associated Prytania lot (listed separately at $995,000.00).
Location
State LA
County Orleans
Zoning MU-1/
Interior
Fireplace No
Exterior
Parking Features Off Street, Parking Lot
Water Access Desc Public
Building
Lot Description City Lot, Irregular Lot, Oversized Lot
Dwelling Type Hotel/Motel,Mixed Use,Retail
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Others
Tax ID 41145643
Special Listing Condition None
Listed by Ben & Burka
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