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31693664
31693665

641 South Salcedo Street, New Orleans, LA 70119

CL
$225,000
53 days on market
Updated 53 days ago
Opportunity zone

641 South Salcedo Street

Details
Property Type Mixed Use
Square Footage 1,005
Units 2
Year Built 1943
Year Renovated 2021
Lot Size (SqFt) 2,242
Zoning MU
Parking Spaces 2 spaces
Parking Per SqFt 1.99
Investment Type Owner/User
Ground Lease No
Sale Condition For sale by owner

Operating Air BNB For Sale

Marketing description

Commercial Zoned Property with Established Short Term Rental Use | Mid-City New Orleans 641 S Salcedo presents a unique opportunity to acquire a commercially zoned property currently operating as a short term rental with documented income history and professional management in place.

This 3 bedroom, 1 bath property has been updated with major improvements completed approximately five years ago, including roof and HVAC, allowing for continued operation without immediate capital expense. The property also features energy-efficient windows and off-street parking, both valuable for guest experience and long-term ownership.

The current use and zoning create a strong position for a buyer seeking a property that is already functioning within the short term rental space. There may be an opportunity for a buyer to continue operations within an existing structure, subject to their own due diligence and city requirements.

This offering is well suited for an investor, part-time owner, or buyer seeking a flexible-use property in a high-demand location with proximity to the medical corridor, downtown, and major New Orleans attractions.

Financial history and management details available upon request.

Investment highlights

Commercial Zoned Property with Established Short Term Rental Use | Mid-City New Orleans 641 S Salcedo presents a unique opportunity to acquire a commercially zoned property currently operating as a short term rental with documented income history and professional management in place.

This 3 bedroom, 1 bath property has been updated with major improvements completed approximately five years ago, including roof and HVAC, allowing for continued operation without immediate capital expense. The property also features energy-efficient windows and off-street parking, both valuable for guest experience and long-term ownership.

The current use and zoning create a strong position for a buyer seeking a property that is already functioning within the short term rental space. There may be an opportunity for a buyer to continue operations within an existing structure, subject to their own due diligence and city requirements.

This offering is well suited for an investor, part-time owner, or buyer seeking a flexible-use property in a high-demand location with proximity to the medical corridor, downtown, and major New Orleans attractions.

Financial history and management details available upon request.

Listing Contacts

CL

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Additional Information

Name
Cassondra Larsen
License
28198
Brokerage
Keller Williams Realty 4550100
Brokerage Phone
504-455-0100
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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