5500 ST CLAUDE Avenue, New Orleans, LA 70117
Orleans County
Key Facts
Description
Reduced! Owner Financing Available! 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.
Property Information
Property Type
Commercial Sale
Structure Type
Office / Retail
Year Built
1949
Living Area
12,665 sq ft
Lot Dimensions
irregular
Zoning
HU-MU
Days on Market
735
MLS® Listing#
2428438
Property Features
Parking
Lot Features
Construction
Security
Sewer
Water Source
Affordability Calculator
$139,800
Estimated monthly payment
$3,720/mo
Principal $559,200 · Est. interest $780,134 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Orleans, LA
- $343,034
- Median Listing Price
- 95
- Median Days on Market
- 1,820
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 2,585
- Active Listings
- This home’s price is 104% above the area median.
- Its price per sq ft is 71% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Orleans, LA.
Location
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Points of Interest in New Orleans, LA
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Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 12955 RIVER Road, New Orleans, LA | $490,000 | — | — | 612,000 |
| 2119 MARTIN LUTHER KING JR Boulevard, New Orleans, LA | $490,000 | 6 | — | 2,667 |
| 1017 CONTI Street 3, New Orleans, LA | $490,000 | 2 | 3 | 1,492 |
| 7690 & 7700 BREAKWATER Drive, New Orleans, LA | $490,000 | — | — | — |
| 4315 S ROCHEBLAVE Street, New Orleans, LA | $493,000 | 4 | 3 | 2,284 |
| 2536-2538 STATE Street, New Orleans, LA | $494,000 | 4 | — | 1,940 |
Moving Cost Estimate
EXIT Agents in New Orleans
Listing Courtesy: Ben & Burka - 5043011002