Spectacular Development Site; 2 Existing Buildings Available for Sale

Special Purpose for Sale
Catylist Listing ID: 30320804
Building Size (RSF): 14,800 SF
Gross Building Area: See Agent
Sale Price: $1 - 2
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/1/2018

Overview / Comments

.1152/1164 Camp Street sits on a land parcel of 22,166 sf between Calliope and Erato Streets (Square 156, First Municipal District). At present the site has two buildings: 1152 Camp is a two story building that most recently was used as Bridge House’s residential building (apartments). This building contains approximately 10,300 sf of gross building area, part of which is a one (1) story addition in the very rear (3,700± sf). 1164 Camp Street is a 2 story building that contains approximately 4,500 sf of gross building area. The total square footage of the buildings is 14,800 sf.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41134077
Site Description: —1152 Camp: The subject site is a rectangular tract with 120 feet of frontage on the western side of Camp Street by a depth of 150.7’ and a total of 18,084 sf or 0.415 acres of land. —1164 Camp: The subject site is a rectangular shaped tract with 31.91’ of frontage along the east side of Camp Street, by a depth of 127.92’ on equal and parallel lines along the north side of Erato Street. The subject has a total site area of 4,082 sf or 0.094 acres.
Area Description: The Owners of the property at 1152/1164 Camp Street have retained Corporate Realty as their exclusive agent to market their property for sale. Bridge House, the present tenant in the building is moving out, and the owners are selling this exceptional asset free and clear of any encumbrances. This property is in an excellent location with proximity to the Warehouse District, the Lower Garden District, the CBD, and Magazine Street. Additionally, within 2 blocks of this site is the Edwards Companies’ development of 230 apartments (1100 Annunciation, former Schwegmann) and Felicity Property’s development of a new retail and office development (Frameworks) at 1320 Magazine Street, including the new headquarters for KREWE (locally based, nationally renowned eyewear company). Whether an investor views this property as a developable site or instead envisions a redevelopment of the existing buildings, this is an excellent piece of real estate and in a very much high demand area.
Total Number of Buildings: 2
Zoning Description: HU-MU, Historic Urban Neighborhood Mixed-Use District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,431 204,574 406,994
Median Age: 37.03 35.5 37
Households: 11,469 87,578 169,611

Contact

Photograph of Listing Agent

Michael J Siegel

Corporate Realty - Main Office New Orleans, LA 70170-0000
Photograph of Listing Agent

Hayden W Wren, III

Corporate Realty - Main Office New Orleans, LA 70170-0000
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.