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Listed byNewfield Realty Group Inc. • Brenda H Newfield • 504-228-6500
$ 650,000
Est. payment /mo
Active
1401 S RENDON ST New Orleans, LA 70125
6,643 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,643 sqft
Price per Sqft $97
MLS Listing ID 2522395
HOA Y/N No
Year Built 1960
Lot Dimensions 6643
Property Sub-Type Commercial
Source ROAM MLS
Land Area 6643
Property Description
Own the Beat of New Orleans! Exceptional investment opportunity featuring a 6,643 SF commercial building located in a designated Opportunity Zone. Currently operating as the well-established MAZE Band Rehearsal Studios, this income-producing property includes 23 fully leased studio units with a waiting list, demonstrating strong tenant demand and immediate cash flow.Purpose-built for musicians and creative professionals, the property has an established reputation within New Orleans' renowned music community. Opportunity Zone designation, consistent occupancy, and potential for additional revenue streams make this a compelling investment for both owner-users and investors.Property Highlights:• 6,643 SF commercial building• Opportunity Zone location• 23 private rehearsal studio units• 100% leased with waiting list• Established income-producing business• Strong occupancy history• Potential for expansion of revenue opportunities• Convenient New Orleans locationDon't miss this rare opportunity to own a thriving commercial asset that combines stable income with the culture and creativity that define New Orleans.
Location
State LA
County Orleans
Zoning C-1
Direction Earhart to Washington Ave
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Not Available
Garage No
Building
Lot Description Corner Lot, Other
Water Public
New Construction No
Others
Tax ID 6-14-3-533-02
