5537 Canal Blvd 2,278 SF 100% Leased Retail Building New Orleans, LA 70124 $799,000 ($350.75/SF)

RARE mixed-use Commercial/Residential building on busy Canal Boulevard corner across from shopping area. Building consists of one 2-bedroom 2.5 bath two story residential unit and two 500 SF commercial units that could be combined into one contiguous unit. Residential unit has a private driveway allowing gated parking for one car (currently used as a courtyard with Jacuzzi). The lower floor contains the living room, 1 bedroom, half bath and a laundry/storage room. Upstairs you will find a full kitchen with breakfast bar, dining area, large bedroom and a full bath with jetted tub and a cute coffee nook with balcony overlooking the courtyard. The 2 commercial units are currently occupied by the owners as a hair salon and music studio. The sellers also occupy the residential space on a part time basis, making it the perfect live/work combination. The flexible floorplan with exterior doors on all 4 sides allows for further rearrangement of the spaces and the possibility of adding a second floor to the front portion. The unbeatable location on busy Canal Boulevard with easy access to I-610, proximity Harrison Avenue restaurants, schools and shops and City Park provides ample opportunity for a business that desires ample drive-by exposure.