622 Baronne St, New Orleans, LA 70113
Commercial property for sale
Description
This building is an integral part of the CBD-7 Central Business District. The CBD-7 District is to enrich the Central Business District as a whole by providing living accommodations conveniently situated with respect to employment opportunities and supportive of a broad range of commercial and entertainment activities, within the Historical nature of the area. The Improvements are wood and masonry framed construction with a stucco veneer over the entire perimeter of the structure. The ground floor consists of a common area lobby as well as a lobby for the ground floor office area, several individual office areas, a break area and two bathrooms. The second floor consists primarily of office area with a second break area and two additional bathrooms. The rear of the second floor includes an exterior 934 sq. ft. outdoor deck. The third floor is all office space with one additional bathroom. The Common Area accesses ta stairwell corridor and elevator. The subject property's improvements are situated on an L-shaped site with a 28.7 feet of frontage on the east side of Baronne Street by a total depth of 120 feet. The total site is 3,909 sq. feet. In a 2010 apprasial,the apprasiers have determined market rent for this property to be $17.00 per sq. feet on a gross basis for the ground floor and $14.00 per sq.ft. for the second and third floor areas. Gross Income total for the building is $134,409. The subject property is Zoned CBD-7 Building price details: $850,000.
Property Details
- Type: Office
- Status: Available
- Buildings: 1