5500 St Claude Ave New Orleans, LA 70117

This exceptional 12,665 square foot commercial building presents a prime redevelopment opportunity in New Orleans' vibrant St. Claude Avenue corridor. Located at the signalized corner of St. Claude Avenue and Caffin Avenue, this property boasts high visibility and ample off-street parking. Formerly a Walgreens, the building has been completely gutted, leaving a clean shell ready for your vision. No structural issues are known. Constructed of concrete masonry with a structural steel roof, the building sits on a substantial 34,203 square foot lot. The property is offered at $750,000, translating to $59.22 per square foot. Currently vacant, this single-story, single-unit building is zoned HU-MU, permitting a wide range of commercial uses, including retail and office spaces. This fee simple ownership offers complete control and potential for significant return on investment. The property's size, location, and zoning make it an ideal canvas for a variety of commercial ventures. Seize this chance to establish your business in a thriving New Orleans neighborhood. The address is 5500 St. Claude Ave, New Orleans, LA 70117.