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$1,575,000
Est. payment /mo
7,117 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,117 sqft
Price per Sqft $221
MLS Listing ID 2536709
HOA Y/N No
Year Built 1880
Lot Size 5,998 Sqft
Acres 0.1377
Property Description
1300 Arabella Street offers a rare mixed-use neighborhood asset consisting of a longstanding ground-floor retail store and two well-maintained apartments on the second floor. The ±4,500 SF ground floor is currently home to a decades-long, legally non-conforming retail operation that has become a true neighborhood staple for residents and shoppers alike. The ground floor space will be available within ± 90 days.
The ±2,575 SF second floor features two 2BR/1BA apartments in good condition. One unit is leased on a MTM basis, while the other is vacant and available for immediate occupancy or repositioning.
Ideally situated directly adjacent to the new Robert's Fresh Market, the property sits in the heart of the coveted Golden Rectangle—one of New Orleans' strongest and most established demographic areas. Positioned on the hard corner of Prytania and Arabella Streets, the site is just blocks from the bustling Prytania Street commercial corridor, St. Charles Avenue, and Magazine Street shops and dining.
The property benefits from its legal non-conforming status, allowing the continued operation of a full-service retail use, or any less intense use to include office. Buyer to verify all zoning regulations and permitted uses.
The ±2,575 SF second floor features two 2BR/1BA apartments in good condition. One unit is leased on a MTM basis, while the other is vacant and available for immediate occupancy or repositioning.
Ideally situated directly adjacent to the new Robert's Fresh Market, the property sits in the heart of the coveted Golden Rectangle—one of New Orleans' strongest and most established demographic areas. Positioned on the hard corner of Prytania and Arabella Streets, the site is just blocks from the bustling Prytania Street commercial corridor, St. Charles Avenue, and Magazine Street shops and dining.
The property benefits from its legal non-conforming status, allowing the continued operation of a full-service retail use, or any less intense use to include office. Buyer to verify all zoning regulations and permitted uses.
Location
State LA
County Orleans
Zoning HU-RD2
Interior
Fireplace No
Exterior
Parking Features Two Spaces
Water Access Desc Public
Building
Lot Description Corner Lot, City Lot, Oversized Lot
Dwelling Type Mixed Use,Retail
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 41049650
Special Listing Condition None
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Kristen Koppel
Real Estate Agent | License ID: 0995687860
Real Estate Agent License ID: 0995687860