Active
Sale
Land
Industrial

HU-MU Vacant Land for Sale

8301 Olive St, New Orleans, LA 70118

For Sale

$599,000

$17.30/SF

Lot Size
0.795 ac
Parish
Orleans
DOM
943
Listed
03/11/2024
Updated
10/09/2026
HU-MU Vacant Land for Sale
1 / 2

Overview

Current owner had plans to develop a BREWERY at this land site and was able to obtain tax credits and had plans drawn up which could be made available. Former buildings on site had been demolished and cleared to allow for construction to begin. Great land site at the former Hollygrove Market. Zoned HU-MU and in an Opportunity Zone. With 10 grandfathered parking spaces, the next development will be eligible for tax credits associated with these zones. Additionally a project can potentially be eligible for the restoration tax abatement program as well as Louisiana New Market Tax Credits. Phase 1 has been completed with no Phase 2 necessary. Seller willing to owner finance.

Additional Information

City
New Orleans
State
LA
Zip Code
70118
Latitude
29.965068441899813
Longitude
-90.11485847175828
Zoning
HU-MU
Submarket
Greater New Orleans
Nearest MSA
New Orleans-Metairie
Property Status
Existing
In Opportunity Zone
Yes
Parcel APN
716410103
Listing ID
8081da9b

Parcel & Location