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2623 Washington Ave New Orleans, LA 70113

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For Sale
Contact for pricing

Three-unit building, high income potential.

Property size:
2,862 SF

Property Features for 2623 Washington Ave

General Information

Property type
Mixed-use properties
Square Feet
2,862 SF
Lot Size
3,485 SF

Building Details

Buildings
1
Stories
2
Units
3

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Listing Contact
Collin Guerra
Collin Guerra

Listing Agency: Elifin Realty - New Orleans, LA Listing Agent: Collin Guerra

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional three-unit mixed-use property at 2623 Washington Ave, New Orleans, LA 70113, is offered at $420,000. The 2,862 square foot building sits on a 0.08-acre lot and features one ground-floor retail space and two residential units, each boasting two bedrooms and one bathroom. Currently vacant, this presents a significant value-add opportunity with substantial income potential. The property's prime location is just three blocks from the bustling S. Claiborne Avenue corridor, home to numerous national retailers including Raising Cane's, McDonald's, TJ Maxx, and more, ensuring high visibility and foot traffic. Convenient access to I-10 and the Central Business District within 10-15 minutes adds to its appeal. The property also benefits from a large fenced rear yard and ample on-street parking. The permitted zoning is HU-MU, offering flexibility for future development. The property's APN is 412303411. This is a rare opportunity to acquire a well-positioned mixed-use property in a thriving New Orleans neighborhood. The building is a two-story structure, offering a unique blend of retail and residential space. Don't miss this chance to capitalize on the strong rental market and create a lucrative investment portfolio.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Barber's Beauty Gossip Barber Shop

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
New Orleans
County
Orleans Parish
State
Louisiana
Longitude
-90.0924008
Latitude
29.9398935

FAQs

What type of property is this?
Mixed-use property - Three-unit building, high income potential.
Where is this mixed-use property located?
The property is located at 2623 Washington Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: $420,000 asking price for a three-unit mixed-use building.; Excellent value-add opportunity with significant income potential.; Prime location near the S. Claiborne Ave retail corridor, featuring national brands.
(504) 330-0055 Call to check price and availability
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