The Pulse NOLA: Art gallery property on Magazine sold

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

Commercial Sales Recorded Last Week

8739 Oak St, New Orleans, LA 70118
8739 Oak St, New Orleans, LA 70118

Type: Retail
Price: $815,000 ($267.74 / SF)
Buyer: OAK & EAGLE HOLDINGS LLC
Elifin’s Notes: A retail property sitting on a triple lot changes ownership on Oak Street.

2401 Jefferson Hwy, New Orleans, LA 70121
2401 Jefferson Hwy, New Orleans, LA 70121

Type: Retail
Price: $800,000 ($320.00 / SF)
Buyer: S & R Shell Llc
Elifin’s Notes: S & R Shell LLC acquires a convenience/service station on Jefferson Highway in Jefferson.

6301 Acre Rd, Marrero, LA 70072
6301 Acre Rd, Marrero, LA 70072

Type: Retail
Price: $467,500 ($155.83 / SF)
Buyer: 6301 ACRE RD LLC
Elifin’s Notes: A convenience store sells at the hard corner of Acre Road and Ames Boulevard in Marrero.

1441 N Claiborne Ave, New Orleans, LA 70116
1441 N Claiborne Ave, New Orleans, LA 70116

Type: Retail
Price: $330,000 ($130.95 / SF)
Buyer: TERRESTRIAL FUNK LLC
Elifin’s Notes: Terrestrial Funk LLC purchases a commercial property on North Claiborne Avenue.

1205 St Charles Ave (Unit C-4), New Orleans, LA 70130
1205 St Charles Ave (Unit C-4), New Orleans, LA 70130

Type: Retail
Price: $250,000 ($181.82 / SF)
Buyer: DESIRE LINE HOLDINGS LLC
Elifin’s Notes: Desire Line Holdings LLC acquires a retail condo property on Saint Charles Avenue.

3801 N Causeway Blvd  (Unit 209), Metairie, LA 70002
3801 N Causeway Blvd (Unit 209), Metairie, LA 70002

Type: Office
Price: $130,000 ($177.11 / SF)
Buyer: MACKE NICHOLS INVESTMENTS LLC
Elifin’s Notes: An office condo unit changes hands near on Causeway Boulevard.

4232 Williams Blvd (Unit K), Kenner, LA 70065
4232 Williams Blvd (Unit K), Kenner, LA 70065

Type: Retail
Price: $100,000 ($157.48 / SF)
Buyer: CHILDRENS HAIR PALACE LLC
Elifin’s Notes: Children’s Hair Palace LLC acquires a retail condo unit property on Williams Boulevard.

13044 Chef Menteur Hwy, New Orleans, LA 70129
13044 Chef Menteur Hwy, New Orleans, LA 70129

Type: Land
Price: Withheld
Buyer: BALTZ BRET A
Elifin’s Notes: A 1.8 + acre parcel of vacant land sells on Chef Menteur Highway.

3935, 3937 Magazine St, New Orleans, LA 70115
3935, 3937 Magazine St, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: 3937 MAGAZINE LLC
Elifin’s Notes: A retail property housing an art gallery changes ownership on Magazine Street.


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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