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29108011
29108036

1300 Arabella St, New Orleans, LA 70115 For Sale

AK
LA 0995700882
Ben + Burka Commercial Real Estate
Listed by Ben + Burka Commercial Real Estate
$1,575,000
195 days on market
Updated 39 days ago

Golden Rectangle Mixed Use / Neighborhood Commercial

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Convenience Store, Storefront
Square Footage 7,117
Net Rentable (SqFt) 7,117
Units 3
Occupancy 70%
Price per SqFt $221
Broker Co-Op Yes
Class B
Year Built 1880
Year Renovated 2000
Buildings 1
Stories 2
Lot Size (SqFt) 6,000
Zoning HU-RD2
Investment Type Owner/User
Ownership Fee Simple

Mixed Use | 7,117 SqFt

Marketing 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.

Listing Contacts

AK
LA 0995700882
Ben + Burka Commercial Real Estate
Listed by Ben + Burka Commercial Real Estate

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