4424 Dryades St New Orleans, LA 70115
This exceptional 1,930-square-foot commercial property at 4424 Dryades Street in New Orleans, Louisiana, presents a rare opportunity for redevelopment. Located in Orleans Parish, zip code 70115, this single-tenant building sits on a 3,840-square-foot lot. Built in 1920, the property features two buildings, each one story high, and is currently vacant. The HU-B1 zoning allows for a wide range of uses, including medical, dental, restaurant, and retail establishments. Its prime Uptown location offers excellent visibility and accessibility, just steps from Napoleon Avenue and three blocks from the St. Charles Avenue parade route. The building is fully gutted and ready for renovation, allowing for complete customization to suit your business needs. Note that there are no on-site parking spaces. Potential tenants should be aware that a hold harmless agreement is required for entry. Some marketing materials include artist renderings illustrating potential future uses. This is a unique chance to acquire a historic building in a vibrant New Orleans neighborhood and create a thriving business.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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