2232 ESPLANADE AVE, New Orleans, LA 70119
2232 ESPLANADE AVE, New Orleans, LA 70119
2232 ESPLANADE AVE, New Orleans, LA 70119
2232 ESPLANADE AVE, New Orleans, LA 70119
2232 ESPLANADE AVE, New Orleans, LA 70119
2232 ESPLANADE AVE, New Orleans, LA 70119
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Listed byMcEnery Residential, LLC (MCEN02) • Neil J Maki • 504-605-4400
$ 849,000
Est. payment | /mo

4,245 SqFt


$ 849,000
Est. payment | /mo

4,245 SqFt

Key Details

Property Type Other Types

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,245 sqft

Price per Sqft $200

MLS Listing ID 2549295

HOA Y/N No

Year Built 1859

Lot Dimensions 75 x 119

Property Sub-Type Commercial

Source ROAM MLS

Land Area 4245

Property Description

DOUBLE LOT! NEEDS COMPLETE REMODEL!Positioned along the iconic Esplanade Avenue corridor, 2232 Esplanade Avenue presents arare opportunity to acquire a historic multi-family redevelopment in one of New Orleans' mostdesirable neighborhoods. The property consists of five residential units with separatelymetered utilities, offering flexibility in future leasing and operations. Rich in architecturalcharacter and located within a historic district, the asset is ideally suited for a comprehensiverestoration that can capitalize on available state and federal historic tax credit programs.In addition to the existing improvements, the offering includes an adjacent lot that providesthe ability to construct up to two additional units—further enhancing the property's incomepotential and long-term upside. Situated just minutes from the French Quarter, Bayou St.John, and City Park, the location benefits from strong rental demand driven by its walkability,charm, and proximity to key cultural and recreational amenities. 2232 Esplanade Avenuerepresents a compelling value-add opportunity for investors and developers seeking toexecute a transformative project in a premier New Orleans submarket.

Location

State LA

County Orleans

Zoning HU-RD1

Interior

Fireplace No

Exterior

Parking Features Off Street, Parking Lot

Garage Spaces 3.0

Utilities Available Natural Gas Available

Total Parking Spaces 3

Garage No

Building

Lot Description Other

Water Public

New Construction No

ROAM MLS

Schools and Properties Nearby

Sharon Dallalio

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(225) 535-8907

sharonsellsbr@gmail.com

Baton Rouge, LA 70810, USA

Learn More About LPT Realty

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2232 ESPLANADE AVE