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1313 Franklin Ave, NEW ORLEANS, LA 70117

Commercial property for sale

Added: 06/15/2012
Last Update: 07/02/2012
1313 Franklin Ave NEW ORLEANS, LA 70117 US
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Description

Perfect for retail center. Areaa is heavily populated and needs more retailers. The 27,140 square foot land is located at 1313 Franklin Avenue in New Orleans, Louisiana, in the St. Roch subdivision, near the French Quarter. The property has access to I-10 from North Claiborne Avenue and Franklin Avenue. Traffic counts on North Claiborne and St. Claude Avenue near Franklin Avenue range from 28,000 to 36,000 cars per day in 2010. The 27,140sf property is located in square 519 and comprised of 8 lots, with lot 26 zoned C-1 and the other lots zoned light industrial. It is the largest property for sale with frontage on Franklin Avenue.Within a 3 minute drive time, there is a population of 26,129 with a median age of 34.7, and expected growth in population of 4.74% annually from 2010 to 2015, making it one of the fastest growth rates in the US. Within a 3 minute drive time, the average household spent $1,599 on food away from home, $11,239 on retail goods, and $1,774 on health care. Building price details: $299,000.

Property Details

  • Type: Commercial (Other)
  • Status: Available
  • Buildings: 1

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