940 ST. FERDINAND ST.

Multi-Family for Sale
Catylist Listing ID: 30130345
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 3,500 SF
Sale Price: $699,000
Unit Price: $174,750 Per Unit
Property Use Type: Vacant/Owner-User
Building Name: 940 ST. FERDINAND
Usable Size (USF): 3,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2017

Overview / Comments

BYWATER! RESTAURANT/BAR PLUS 3 APARTMENTS OR CONVERT TO 4 APARTMENTS, CORNER BUILDING, 2ND FLOOR ROOF DECK APPROXIMATELY 30' X 27', FIREPLACE CHIMNEYS, GOOD ROOF. 2 BLOCKS FROM PRESS ST GARDEN/NOCCA CAFE/PRESS ST. STATION.
OPERATED AS BAR/RESTAURANT FOR MANY YEARS BUT MAY STILL REQUIRE CONDITIONAL USE PERMIT. SEPARATE ELECTRIC METERS.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Percent Occupied: 0%
Property Located Between: N. RAMPART & BURGUNDY
Highway Access: YES
Airports: YES
Site Description: NEAR DOWNTOWN
Total Number of Buildings: 1
Property Condition: Fair
Number of Stories: 2
Roof Type: Other
Construction/Siding: Brick, Other
Exterior Description: 2-STRY BRICK BUILDING
Parking Type: Surface
Parking Description: FENCED LOT FOR 5 CARS
Total Parking Spaces: 5
Laundry: Shared
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Engineered System, Other
Interior Description: IN FAIR CONDITION. NEEDS RENOVATION
Zoning Description: HMR-3
Lot Frontage: 29
Lot Depth: 100
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: SOLE
Legal Description: SQ. 279, LOT 14

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,516 148,853 367,500
Median Age: 39.07 37.14 35.87
Households: 12,188 64,398 153,702

Contact

Photograph of Listing Agent

Paul E Gilmore

Paul Gilmore & Associates, Inc. Metairie, LA 70006
Not a member of MCAR CIE
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