4921 Freret Street New Orleans, LA ^$ 575,000

4921 Freret Street

^$ 575,000

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4921 Freret Street

New Orleans, LA, 70115

^$ 575,000

Studio Baths0.0 Sq 1,760

Monthly Estimate*

^$ 4,017

4921 Freret Street, New Orleans, LA 70115 - Image 1

4921 Freret Street, New Orleans, LA 70115 - Image 2

4921 Freret Street, New Orleans, LA 70115 - Image 3

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Studio

Commercial Property for sale in New Orleans, LA

for $575,000. This 1,760 square foot building was built in 2020.

Located in the heart of the Freret Street traffic, 4921 Freret Street offers a fully leased investment property. The 2-unit property is master leased by a single tenant who operates a vape shop in the front with a 1-bedroom apartment in the rear. The raised shotgun-style property features ample off-street parking, rear and side yards, excellent street presence, and enjoys healthy income from its tenant. The lease term expires in 2024, with an option for the tenant to renew for an additional 3-year term

Commercial Contingent

Price

^$ 575,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

2020

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2384074

Features

General

Sewer Public Sewer

Zoning HU-MU

Construction Materials Wood Siding

Year Built 2020

Tenant Pays All Utilities Janitorial Service

Stories 1

Levels One

County Orleans

New Construction 0

Property Type Commercial Sale

Contingency Open Predication

Status Active Under Contract

City New Orleans

Buyer Agent Compensation 3

Street Name FRERET

Year Built Details 100

Property Condition Repairs Cosmetic Updated/Remodeled Resale

Days on Market 136

Structure Type Mixed Use Retail

Standard Status Active Under Contract

Buyer Agent Compensation Type %

Legal Description As per title

Exterior

Parking Features Driveway Off Street Parking Lot

Lot Features City Lot Oversized Lot Rectangular Lot

Water Source Public

Lot Size Area 0

Building Area Total 1760

Lot Dimensions 30 x 151

Lot Size Acres 0

Interior

Full Baths 0

Half Baths 0

Street Suffix Street

Total Bedrooms 0

* Excluded Features

List By

Ben & Burka

Broker

Aaron@BenBurka.com

Affordability Calculator

$4,017

Per Month

Monthly Principal & Interest: $4,017
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in New Orleans, LA

Average List Price ^$1,118,562

Percent of Sale Price 95%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/18/2023	$575,000	-8.00%	Price Down
4/14/2023	$625,000	-3.85%	Price Down
3/7/2023	$650,000		Listed Price

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4921 Freret Street, New Orleans, LA, 70115 is a Commercial Property for sale at $575,000 with 1,760 sqft. 4921 Freret Street is a studio with 0.0 baths and was built in 2020. The property's zip code is 70115 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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4921 Freret Street

Commercial Property for sale in New Orleans, LA

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