$1,650,000
Creative Commercial Space in NELA
Details
Property Type Mixed Use
Sub Type Creative Commercial, Zoned R3-1-CDO
Square Footage 2,703
Cap Rate 5.09%
NOI $84,027
Occupancy 100%
Price per SqFt $610
Buildings 1
Stories 2
Lot Size (SqFt) 3,377
Creative Commercial Space in NELA | Mixed Use | 2,703 SqFt
Marketing description
A rare opportunity to acquire a freestanding commercial building in one of NELA’s most desirable corridors. This creatively improved property features approximately 2,703 square feet of flexible showroom, office, and storage space with strong Eagle Rock Boulevard frontage. The building is well-suited for owner-users, creative businesses, and investors seeking stable income with future occupancy potential. Owner is a licensed realtor.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,027.00
$7,002.25/mo
Valuation Metrics
0
DSCR
5.09%
Cap Rate
5.09%
ROI
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