For Sale
$750,000

5500 St Claude AveNew Orleans, LA 70117

High-visibility retail space, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
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
5500 St Claude Ave, New Orleans, Louisiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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 unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5500 St Claude Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message