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Large Commercial Building on Corner
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5500 St Claude Ave, New Orleans, LA 70117

Large commercial building with ample parking on a signalized corner.

Property Size12,665 SF
Price / SF$55.19
Days on Market2086

Property Features for 5500 St Claude Ave

General Information

Standard status Active
Size 12,665 SF
Class C
Property subtype Retail
Zoning HU-MU
Investment Type Owner/User

Building Details

Buildings 1
Stories 1
Units 1
Listing Agency: Ben + Burka Commercial Real Estate
Listed By: Aaron Kazanoff · License #LA 0995700882
Source: Crexi
Added: Dec 17, 2020 Changed: Aug 8 Last Checked: Sep 1 at 11:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ben + Burka Commercial Real Estate

Investment Insights

Based on property information with market context.

This large commercial building, formerly operated as a Walgreens, is located on the signalized corner of St. Claude Avenue and Caffin Avenue. The property includes ample off-street parking. The building has been gutted and is currently in a shell condition, with no known structural issues. Constructed of concrete masonry with a structural steel roof, the property offers 12,665 square feet of space. The HU-MU zoning allows for a multitude of commercial uses including retail and office.

Key Highlights

  • High‑traffic location on a signalized corner of St. Claude and Caffin Avenue.
  • Ample off‑street parking.
  • HU‑MU zoning allows for a multitude of commercial uses (retail, office, etc.).

Property Analytics

Current Use

Storefront properties

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 69% Dining 31%
Dollar General Shops & Services
11,739 visits/mo 0.2 miles
Church's Chicken Dining
5,337 visits/mo 0.2 miles

Demographics for 70117, LA

28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Blucid Floral 5113 St Claude Ave, New Orleans, LA 70117
  • Say it with flowers 1319 Lesseps St, New Orleans, LA 70117

Frequently Asked Questions

What type of property is this?
Storefront property - Large commercial building with ample parking on a signalized corner.
Where is this storefront property located?
The property is located at 5500 St Claude Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: High‑traffic location on a signalized corner of St. Claude and Caffin Avenue.; Ample off‑street parking.; HU‑MU zoning allows for a multitude of commercial uses (retail, office, etc.).
(504) 301-1002 Call to check price and availability
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