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5500 Saint Claude Ave | New Orleans, LA 70117
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5500 Saint Claude Ave
New Orleans, LA 70117
Retail Property For Sale
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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
$1,084,875 CAD
Price Per SF
$86 CAD
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
PROPERTY TAXES
Parcel Number | 3-9W-2-046-01 | Improvements Assessment | $63,733 CAD |
Land Assessment | $15,998 CAD | Total Assessment | $79,731 CAD |
PROPERTY TAXES
Parcel Number
3-9W-2-046-01
Land Assessment
$15,998 CAD
Improvements Assessment
$63,733 CAD
Total Assessment
$79,731 CAD
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