Active
Sale
Industrial

Development Opportunity across from Xavier

7200 Washington Ave, New Orleans, LA 70125

For Sale

$438,500

$112.01/SF

Building Size
3,915 SF
Lot Size
0.108 ac
Parish
Orleans
Days on Market
1167
Listed
07/22/2023
Updated
03/13/2025
Development Opportunity across from Xavier
1 / 26

Overview

Sieze this #OpportunityZone incredible steal of a deal! Currently divided into two units. The office space is rented, (1 yr lease signed - good until 12/24 with option to renew.

2000SF of conditioned space has a completely new roof, renovated and leased. The other 1935 SF is a warehouse space.

This property is located in the Opportunity Zone.

Great opportunity to convert the building into a multi-use property of retail, residential and/or offices, and be able to go as high as 55 feet.

Owner financing is available at low interest rate.

Additional Information

City
New Orleans
State
LA
Zip Code
70125
Building Class
C
Max Contiguous
3,915
# of Buildings
1
Floors
1
Year Built
1950
Year Renovated
2007
Construction Type
Framed
Parking Spaces
2
Sprinklers
Other
Submarket
Greater New Orleans
Nearest MSA
New Orleans-Metairie
Property Status
Existing
Lot Size
60' wide
In Opportunity Zone
Yes
Parcel APN
615313904
Listing ID
e84588bd

Parcel & Location