Listing Details

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)

MLS#: 2098867

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!

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