The Pulse NOLA: Building housing Daisy Dukes Cafe sells

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

Commercial Sales Recorded Last Week

308 Saint Charles Avenue, New Orleans, LA 70130
308 Saint Charles Avenue, New Orleans, LA 70130

Type: Mixed-Use
Price: $1,925,000 ($234.76 / SF)
Buyer: BIG EASY INVESTMENTS LLC OF NEW MEXICO
Elifin’s Notes: Big Easy Investments LLC of New Mexico purchase a mixed-use property with a street-level restaurant space, currently occupied by Daisy Dukes Cafe, and three apartments on the upper floors

1801, 1809 Magazine St, New Orleans, LA 70130
1801, 1809 Magazine St, New Orleans, LA 70130

Type: Retail
Price: $1,550,000 ($374.31 / SF)
Buyer: 1809 MAGAZINE HOLDING COMPANY LLC
Elifin’s Notes: The Cat Practice retail building and adjoining lot sells in the Lower Garden District

122 West Union Street, Kenner, LA 70062
122 West Union Street, Kenner, LA 70062

Type: Industrial
Price: $155,000 ($45.26 / SF)
Buyer: BUSH TRUCKING&HAULING INC
Elifin’s Notes: An industrial property, in an unknown state of repair, sells within the Crestview Office & Industrial Park just North of the Airport

1524 Alvar Street, New Orleans, LA 70117
1524 Alvar Street, New Orleans, LA 70117

Type: Retail
Price: $135,000 ($39.65 / SF)
Buyer: CATHEDRAL OF FAITH CHURCH OF GREATER NEW ORLEANS
Elifin’s Notes: Cathedral of Faith Church of Greater New Orleans acquire a retail property on Alvar Street

10555 Lake Forest Blvd (Unit 3E, 3F), New Orleans, LA 70127
10555 Lake Forest Blvd (Unit 3E, 3F), New Orleans, LA 70127

Type: Office
Price: $115,000 ($95.83 / SF)
Buyer: NPIC HOLDING LLC
Elifin’s Notes: An office condominium unit changes hands on Lake Forest Boulevard

6301 Riverside Drive, Metairie, LA 70003
6301 Riverside Drive, Metairie, LA 70003

Type: Multifamily
Price: Withheld
Buyer: RIVERSIDE RESIDENCES OF METAIRIE LLC
Elifin’s Notes: Hamdan Sons Investments purchase the Bellemont Apartment Homes in Metairie

2525 Severn Ave, Metairie, LA 70002
2525 Severn Ave, Metairie, LA 70002

Type: Healthcare
Price: Withheld
Buyer: DLBF RO LLC
Elifin’s Notes: The Omega Hospital property on Severn Avenue in Metairie sells


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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