Active

5033 freret street
new orleans, LA 70115

new orleans, LA 70115 Directions

$2,300,000

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5033 Freret Street on bustling Freret Street offers a total of 7 com. zoned units. Good Bird, Liberty Cheesesteaks, Spomenik Supply, The Other Bar, Iacovone kitchen, and two apartments/office spaces on the second floor occupy the space. The property offers a proforma cap rate of >7% at market rents. Ownership operates The Other Bar and would deliver the space as vacant, making this an ideal opportunity for a bar operator to take over an existing operation with significant additional rental income
Elizabeth McNulty, Real Estate Agent
Presented By
Elizabeth McNulty
  • 504 908 0289

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Property details

General Information

Current List Price
$2,300,000
Listed Date
Aug 26, 2020
Status
Active

Location

County
Orleans

Location

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Bounding Streets

Freret / Soniat

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Listing courtesy of AARON J KAZANOFF at Ben & Burka

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