LA > New Orleans > Jackson
New Orleans, LA 70126,4701 DOWNMAN RD
New Orleans, LA 70126,4701 DOWNMAN RD
New Orleans, LA 70126,4701 DOWNMAN RD
New Orleans, LA 70126,4701 DOWNMAN RD
New Orleans, LA 70126,4701 DOWNMAN RD
New Orleans, LA 70126,4701 DOWNMAN RD
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$400,000

$425,000

5.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

8,000 SqFt

SOLD DATE : 01/05/2024

Key Details

Sold Price $400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $50

Subdivision Jackson

MLS Listing ID 2384198

Sold Date 01/05/24

Construction Status Repairs Cosmetic,Resale

HOA Y/N No

Year Built 2022

Lot Size 8,712 Sqft

Acres 0.2

Property Description

SELLER WILL FINANCE VIA BOND FOR DEED $250,000 DOWN, $3,500 PER MONTH. APPROXIMATELY $70,000 ANNUAL INCOME IN A HIGH TRAFFIC/HIGH VISIBILITY LOCATION, RENOVATED IN 2022, FULL LENGTH BALCONY, NEW ROOF, NEW FLOORING THROUGHOUT, THREE RETAIL SUITES ON 1ST LEVEL, APPROX 1300 S/F EACH. 2ND FLOOR LARGE RECEPTION HALL WITH BAR, FULL KITCHEN, RESTROOMS, ICE MACHINE. PLUS 1 ADDITONAL 3-OFFICE SUITE WITH FULL BATH, GLASS WALL PARTITION, X FLOOD ZONE. UPPER OFFICE SUITE COULD BE USED AS BUYER OCCUPANCY OR INCREASE INCOME TO $83,000 ANNUALLY. TRAFFIC COUNT APPROX 17,000 CARS PER DAY!

Location

State LA

County Orleans

Zoning S-B1

Interior

Fireplace No

Exterior

Parking Features Three or more Spaces

Water Access Desc Public

Building

Lot Description City Lot, Rectangular Lot

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Repairs Cosmetic,Resale

Others

Tax ID 4707-DOWNMANRD

Financing Bond for Deed

Special Listing Condition None

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Mark Hingle

Mark Hingle

+1(504) 982-5237

Our team is ready to help you sell your home for the highest possible price ASAP

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Paul Gilmore & Associates, Inc.
Bought with Entablature Realty, LLC
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