For Sale
$989,000

8739 Oak StNew Orleans, LA 70118

Prime New Orleans location, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional mixed-use property at 8739 Oak Street in New Orleans, Louisiana, presents a unique investment opportunity. Boasting 90 feet of prime Oak Street frontage and a total lot size of 7,909 square feet, this property sits on three lots and offers unparalleled versatility. Currently configured as a blend of commercial and residential space, the property includes a 2,982 square foot building constructed in 1923. The zoning, HU-MU, permits a wide range of uses, including but not limited to: restaurant, bakery, winery, artist studios, multi-family residential, offices, warehouse, or a return to its original use as a corner grocery. The property's history includes a long-standing graphics shop and currently features one active clothing shop and a vacant residential apartment that previously leased for $1,500 per month. The vacant lot offers additional development potential. High traffic visibility and a central location make this an ideal investment for entrepreneurs and developers seeking a blank canvas to create their vision. The asking price is $989,000, translating to $331.66 per square foot. The property is easily shown and ready for its next chapter. This is a rare chance to acquire a substantial mixed-use property in a thriving New Orleans neighborhood. The property includes three units.

Highlights

  • Exceptional mixed-use property at 8739 Oak Street, New Orleans, LA.
  • 90 feet of Oak Street frontage on a 7,909 sq ft lot (three lots total).
  • 2,982 sq ft building (1923 construction) with HU-MU zoning allowing diverse uses (restaurant, residential, etc.).
  • Currently includes a clothing shop and a vacant residential apartment (previously $1,500/month rent).
  • $989,000 asking price ($331.66/sq ft).

Property Details for 8739 Oak St

Property type
Mixed-use properties, Land
Square Feet
2,982 SF
Year Built
1923
Units
3

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.951996949656
Longitude
-90.135509635374
8739 Oak St, 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].
8739 Oak St
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