7500 Chef Menteur Highway New Orleans, LA ^$ 2,500,000

7500 Chef Menteur Highway

^$ 2,500,000

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7500 Chef Menteur Highway

New Orleans, LA, 70126

^$ 2,500,000

Bedrooms7 Baths0.0 Sq 3,000

Monthly Estimate*

^$ 17,463

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Commercial Property for sale in New Orleans, LA

for $2,500,000 with 7 bedrooms. This 3,000 square foot building was built in 1950 on a lot size of 1.1959.

Can be pruchased with 30% owner financing. Situated just outside the vibrant French Quarter, this well-established RV Park presents a lucrative opportunity for investors seeking a profitable venture in the heart of New Orleans. Boasting a prime location and a solid track record of profitability, this property offers a unique blend of convenience, profitability, and potential for expansion. Owner financing available.

Commercial Active

Price

^$ 2,500,000

Bedrooms

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

1.1959

Year Built

1950

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2435012

Features

General

Sewer Public Sewer

Zoning Com

Construction Materials Brick Veneer Block

Year Built 1950

Stories 2

Levels Two

Accessibility Accessibility Features

County Orleans

Property Type Commercial Sale

Other Structures Living Quarters

Total Rooms 8

Status Active

City New Orleans

Buyer Agent Compensation 2

Street Name CHEF MENTEUR

Virtual Tour video on youtube

Days on Market 41

Structure Type Mixed Use Office Other

Standard Status Active

Tax Lot 21-D

Buyer Agent Compensation Type %

Legal Description SQ GENTILLY RD LEFT SIDE LOT 21-D CHEF MENTEUR TO GENTILLY 96/97X541/529 1 1/2 STORY C/BLOCK BLDG

Exterior

Parking Features Off Street Three or more Spaces

Lot Features City Lot Oversized Lot

Water Source Public

Lot Size Area 1.1959

Building Area Total 2624

Lot Dimensions 52094

Lot Size Acres 1.1959

Interior

Full Baths 0

Half Baths 0

Street Suffix Highway

Total Bedrooms 0

* Excluded Features

List By

John Anthony Realty Llc

Broker

ian70119@yahoo.com

Affordability Calculator

$17,463

Per Month

Monthly Principal & Interest: $17,463
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$1,114,339

Percent of Sale Price 55%

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
3/25/2024	$2,500,000	-7.41%	Price Down
3/19/2024	$2,700,000	-10.00%	Price Down
2/21/2024	$3,000,000		Listed Price

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7500 Chef Menteur Highway, New Orleans, LA, 70126 is a Commercial Property for sale at $2,500,000 with 3,000 sqft and a lot size of 1.1959. 7500 Chef Menteur Highway has 7 bedrooms, 0.0 baths, and was built in 1950. The property's zip code is 70126 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 4/27/2024.

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7500 Chef Menteur Highway

Commercial Property for sale in New Orleans, LA

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