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5500 Saint Claude Ave 12,665 SF Retail Building New Orleans, LA 70117 $699,000 ($55.19/SF)
EXECUTIVE SUMMARY
Formerly operated as a Walgreens, this large commercial building with ample off street parking is located on the signalized corner of St. Claude Avenue and Fats Domino Avenue. The building has been gutted and is currently in shell condition, with no known structural issues. The property is concrete masonry construction with a structural steel roof. The property features parking for 40+ vehicles, high ceilings, large roll up warehouse doors, and strong street presence.
The HU-MU zoning allows for a multitude of commercial uses including retail, office, healthcare, storage, etc.
The HU-MU zoning allows for a multitude of commercial uses including retail, office, healthcare, storage, etc.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,665 SF
Building Class
C
Year Built
1979
Price
$699,000
Price Per SF
$55.19
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.79 AC
Zoning
HU-MU
Parking
50 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Signage
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 3-9W-2-046-01 | Improvements Assessment | $44,060 |
| Land Assessment | $11,060 | Total Assessment | $55,120 |
PROPERTY TAXES
Parcel Number
3-9W-2-046-01
Land Assessment
$11,060
Improvements Assessment
$44,060
Total Assessment
$55,120
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5500 Saint Claude Ave
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