512 City Park Ave New Orleans, LA 70119
- Drive through restaurants
- 2,800 SF
- 1.00 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 512 City Park Ave
- Year built
- 1980
- Lot size
- 1.00 lot acres
- Property size
- 2,800 SF
- Property type
- Drive through restaurants
- APN
- 207212105
- APU
- 207212105
Description
This exceptional 2,800-square-foot retail or restaurant space, situated on a 27,672-square-foot lot at 512 City Park Ave, New Orleans, LA 70119, presents a unique investment opportunity. Previously a Burger King with a drive-thru (conditional use permit), the single-story building offers immense flexibility for various uses, including a quick-serve restaurant, coffee shop, or bank branch. Located in the Park Avenue Place retail center, the property boasts 36 parking spaces and enjoys a high-traffic location directly across from Delgado Community College, a short distance from City Park, and approximately one mile from I-10 access. Its strategic position ensures high visibility and accessibility from major thoroughfares. The property shares the retail center with established businesses like MoPho restaurant and military reserve offices, creating a vibrant and active environment attracting residents, tourists, and students. This is a ready-to-occupy space with significant potential for growth and profitability in a desirable New Orleans submarket (Greater New Orleans). The property features one building with no elevators. Cross street is Orleans Ave.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.1054
- Latitude
- 29.9835
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
