Catylist ID:
#30710900
Vacant Land Development Opportunity in Bywater
Vacant Land
for Lease
| Catylist Listing ID: | 30710900 |
| Property Subtypes: | Multi-Family, Office, Residential (Single Family), Other |
| Gross Land Area: | 7,800 SF |
| Lease Rate: |
$20,000 (Annual) $2.56 PSF (Annual) |
| Base Monthly Rent: | $1,666 |
| Lease Types: | Absolute Gross, Absolute NNN |
| Last Updated: | 4/8/2024 |
Overview / Comments
|
This exceptional property is located in the Bywater, one of New Orleans’ most-sought-after neighborhoods. This vibrant area is a dynamic mixture of arts, industrial, and residential properties. The lot is one block off St. Claude Avenue, which features restaurants and galleries. It is also only one block away from 2930 Burgundy, a mixed-income, multi-family, 69-unit and ground floor retail building currently under construction that is one example of new development in the area. Owner will consider a build-to-suit opportunity which could consist of a 2,080 sf ground floor; 1,000 sf second floor; and off-street parking. Please see agent for pricing. This area is ripe for development, with recent conditional permits being given to other businesses. |
Attachments & Media
Additional Details
| Nearest MSA: | New Orleans-Metairie |
| County: | Orleans |
| Submarket/Township: | Greater New Orleans |
| Tax ID/APN: | 41072484 |
| Zoning: | HM-MU |
| Property Located Between: | N. Rampart and Homer Plessy Way |
| Property Visibility: | Good |
| Largest Nearby Street: | St. Claude |
| Highway Access: | Only a few blocks away from N. Claiborne Ave., which connects directly with I-10 |
| Airports: | Msy |
| Area Description: | The Bywater is a thriving neighborhood that is a mixture of residential, industrial, restaurants, and arts. Recently there have been new residential and mixed-use developments. Additionally, St. Claude is one block away. The Bywater neighborhood is popular with residents as well as visitors. Surrounding neighborhoods are easy to access and provide equally diverse opportunities. Immediately adjacent to the Bywater is the MARIGNY, one of New Orleans’ earliest suburbs. While it is still heavily residential, it also features and eclectic mix of restaurants, businesses, and music venues. Frenchmen Street is a popular destination for live music. Nearby is the FRENCH QUARTER, with its historic hotels, award-winning restaurants, and other attractions. ST. ROCH and the 7TH WARD are primarily residential areas. |
| Zoning Description: | The HM-MU Historic Marigny/Tremé/Bywater Mixed-Use District is intended to provide a mixed-use environment of light industrial, commercial, and residential uses that would not adversely affect the historic character of the neighborhood. Compatibility of such uses and structures with one another and with the area is encouraged through the development review process. See comprehensive list of permitted uses and further information on Overlay Districts. Maximum height is 55 feet. |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 24,274 | 144,986 | 365,644 |
| Median Age: | 38.43 | 37.26 | 35.85 |
| Households: | 11,331 | 62,686 | 152,587 |
Contact
| The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions. |
