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Address: 2611 Washington Avenue, New Orleans, LA 70113 Listing Type: Commercial / Residential For Sale Price: $395,000 Size: 4073 sq/ft Total Living Area – 2045 SQ/FT Convenience Store, 2028 SQ/FT Living Area (Three Apartments on Second Story)
My Role: Listing Agent
Details: Be a part of the Central City Revitalization Boom!
Excellent investment opportunity- fully operational convenience store downstairs currently on a five year lease ($2,500 per month) and three apartments upstairs (~$750 per month) built post-Katrina. One unit currently rented, two left vacant for showings. Fantastic ROI/cap-rate- you do the math.
A stone’s throw away from the new shopping center (T.J.Maxx, Michael’s, etc.) on Claiborne between Louisiana and Washington; just one mile to the Superdome; new construction all over the neighborhood. Don’t miss out!