7611 Maple StNew Orleans, LA 70118

Property Details for 7611 Maple St

Year built

1900

Lot size

0.22 AC

Property size (Sq ft)

13,551 SF

Property type

Office properties

Property subtype

Office buildings

APN

716107002

APU

716107002

Description

This exceptional opportunity presents two available executive office spaces totaling 1,450 square feet within a charming retail and office building situated on historic Maple Street in Orleans Parish. The property offers a flexible layout with varying unit sizes and lease terms, catering to diverse office or retail needs. Currently, the entire 1,450 square feet is vacant and immediately available for lease. Each of the two available spaces offers a move-in ready condition, eliminating the need for extensive renovations or improvements. The building's prime location on Maple Street provides excellent visibility and accessibility, making it an ideal location for businesses seeking a prestigious address. The multiple tenancy structure allows for a diverse range of businesses to coexist, fostering a vibrant and collaborative environment. This property is perfect for businesses seeking a blend of convenience, character, and professional appeal. The available space is well-suited for a variety of uses, from small professional offices to boutique retail establishments. Interested parties are encouraged to inquire about specific unit sizes and lease terms to find the perfect fit for their business needs. This is a rare opportunity to secure prime commercial space in a highly desirable location. Don't miss out on this chance to establish your business in a thriving and historic neighborhood.

• CAP approach

  CAP return

  Valuation

  6%

  $2,148,938

  6.5%

  $1,983,635

  7%

  $1,841,947

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,033,682

  Geo Method

  $963,341

• Alternative Use

  Use

  Valuation

  Residential

  $2,459,708

  Hospitality

  $2,253,079

  Educational

  $1,874,535

  Medical

  $1,939,003

  Retail

  $2,915,944

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.9417

Longitude

-90.1288

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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