2701 Magnolia Street, #A, New Orleans, LA 70113

17 Photos
 
$245,000 List Price
Sold on 9/01/2020
 
Listing ID 10883909
Property Type Commercial
Parish Orleans
Neighborhood Central City
Unit A
FEMA Flood Map fema.gov/portal
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INCREDIBLE INVESTMENT OPPORTUNITY - Renovate and create an income producing property. Located in an Opportunity Zone one block off Washington Ave in a portion of Central City w/ many new construction projects and current renovations. Corner property zoned HU-B1A which allows for various commercial and residential uses. Former po-boy shop features original pressed tin ceiling and hex tile floor. 1031 Tax Exchange candidate. May qualify for State & Federal Tax Credits. Let's discuss all options.
Property Details
  • 2720 SF
  • 2 Stories
  • Unit A
  • Total area: 2800
  • Zoning: HU-B1A
  • Bounding streets: Washington, Clara, Fourth
  • Building type: Commercial/Residential,Restaurant
Interior Features
  • Ceiling height: 119
  • Electricity provided by: Entergy
  • Gas type: Natural
Exterior Features
  • Wood Siding
  • Community Water
  • Municipal Sewer
  • Lot description: Regular
  • Lot size: 33X96
Commercial Info
  • 4 Loading Docks
Sale Information
  • Sold on 9/01/2020
  • Sold for $245,000
  • Sold w covenants restrictions: No
Previously Listed By
Stephanie Fisher
LATTER & BLUM INC/REALTORS
Office: 504-895-4663
Michael Zarou
LATTER & BLUM INC/REALTORS
Office: 504-895-4663
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