For Sale
$750,000

5500 St Claude Ave New Orleans, LA 70117

High-visibility retail space, redevelopment opportunity.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 12,665 square foot commercial building presents a prime redevelopment opportunity in New Orleans' vibrant St. Claude Avenue corridor. Located at the signalized corner of St. Claude Avenue and Caffin Avenue, this property boasts high visibility and ample off-street parking. Formerly a Walgreens, the building has been completely gutted, leaving a clean shell ready for your vision. No structural issues are known. Constructed of concrete masonry with a structural steel roof, the building sits on a substantial 34,203 square foot lot. The property is offered at $750,000, translating to $59.22 per square foot. Currently vacant, this single-story, single-unit building is zoned HU-MU, permitting a wide range of commercial uses, including retail and office spaces. This fee simple ownership offers complete control and potential for significant return on investment. The property's size, location, and zoning make it an ideal canvas for a variety of commercial ventures. Seize this chance to establish your business in a thriving New Orleans neighborhood. The address is 5500 St. Claude Ave, New Orleans, LA 70117.

Highlights

  • 12,665 SF commercial building on a 34,203 SF lot in New Orleans' St. Claude Avenue corridor.
  • High-visibility corner location at St. Claude & Caffin Avenues with ample off-street parking.
  • Completely gutted former Walgreens building, ready for redevelopment; no known structural issues.
  • Concrete masonry construction with a steel roof; single-story, single-unit building.
  • HU-MU zoning allows for various commercial uses; currently vacant.
  • Offered at $750,000 ($59.22/SF); fee simple ownership.

Property Details for 5500 St Claude Ave

Property type
Lifestyle centers, Power centers
Square Feet
12,665 SF
Class
C
Buildings
1
Stories
1
Units
1

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9611356
Longitude
-90.0166852

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FAQs

What type of property is this?
Lifestyle center - High-visibility retail space, redevelopment opportunity.
Where is the lifestyle center located?
The property is located at 5500 St Claude Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 12,665 SF commercial building on a 34,203 SF lot in New Orleans' St. Claude Avenue corridor.; High-visibility corner location at St. Claude & Caffin Avenues with ample off-street parking.; Completely gutted former Walgreens building, ready for redevelopment; no known structural issues.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Aaron Kazanoff
Aaron Kazanoff
Ben Jacobson
Ben Jacobson
Casey Burka
Visit Broker Website

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St Claude Ave
New Orleans, LA 70117

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St Claude Ave
New Orleans, LA 70117

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5500 St Claude Ave
  • Aaron Kazanoff
    Aaron Kazanoff
  • Ben Jacobson
    Ben Jacobson
  • Casey Burka
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