The Pulse NOLA: St Vincent de Paul property sells

A weekly update on the commercial real estate landscape of New Orleans.

Commercial Sales Recorded Last Week

3500 Canal St, New Orleans, LA 70119
3500 Canal St, New Orleans, LA 70119

Type: Office
Price: $2,900,000 ($140.10 / SF)
Buyer: MARILLAC COMMUNITY HEALTH CENTERS
Elifin’s Notes: This two-story office property, occupied by St Vincent de Paul, has individual offices, 10 large rooms for conference/instruction, and 54 covered parking spaces.

2221-2237 N Johnson St, New Orleans, LA 70117
2221-2237 N Johnson St, New Orleans, LA 70117

Type: Multifamily
Price: $690,000 ($69,000 / Unit)
Buyer: JMO JOHNSON LLC
Elifin’s Notes: A 10-unit multifamily property changes hands on North Johnston Street.

600 Seguin St, New Orleans, LA 70114
600 Seguin St, New Orleans, LA 70114

Type: Multifamily
Price: $600,000 ($120,000 / Unit)
Buyer: GARNER GRETA GAYLE
Elifin’s Notes: A 5-unit multifamily property sells in Algiers Point.

738 Phosphor Ave, Metairie, LA 70005
738 Phosphor Ave, Metairie, LA 70005

Type: Industrial
Price: $300,000 ($49.24 / SF)
Buyer: RICHMOND, GREGORY S
Elifin’s Notes: A commercial property used as a printing services operation sells in Metairie.

2201 Magnolia St, New Orleans, LA 70113
2201 Magnolia St, New Orleans, LA 70113

Type: Retail
Price: $150,000 ($76.69 / SF)
Buyer: THABATA, KHALIL
Elifin’s Notes: A grocery store sells at the corner of Magnolia Street and Jackson Avenue.

401 David Dr, Metairie, LA 70003
401 David Dr, Metairie, LA 70003

Type: Industrial
Price: $150,000 ($60.53 / SF)
Buyer: CUSTOM BUILT GARAGES LLC
Elifin’s Notes: An industrial property sells near the Miley Softball Complex on David Drive.

3126 Bienville St, New Orleans, LA 70119
3126 Bienville St, New Orleans, LA 70119

Type: Land
Price: $111,000 ($41.10 / Land SF)
Buyer: RUTTER JAY
Elifin’s Notes: A 0.06+ acre lot sells at the corner of Bienville and North Lopez Streets.

908 Esplanade Ave, New Orleans, LA 70116
908 Esplanade Ave, New Orleans, LA 70116

Type: Multifamily
Price: Withheld
Buyer: 908 ESPLANADE COURTYARD LLC
Elifin’s Notes: A group of real estate professionals purchase a 10-unit multifamily property on a double lot on Esplanade Avenue.

711 St Charles Ave, New Orleans, LA 70130
711 St Charles Ave, New Orleans, LA 70130

Type: Mixed-Use
Price: Withheld
Buyer: OLD BARRON 715 LLC
Elifin’s Notes: This three-story mixed-use property has a ground floor restaurant, second floor general commercial space, and two apartments on the third floor.

3127 Calhoun St, New Orleans, LA 70125
3127 Calhoun St, New Orleans, LA 70125

Type: Retail
Price: Withheld
Buyer: 3127 CALHOUN LLC
Elifin’s Notes: The owner of the Roberts’ Bar property purchases the adjoining building occupied by Crescent City Comics.


Commercial Permits Issued Last Week


Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $300,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty
marketing@elifinrealty.com
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