Clover Grill property sells on Bourbon Street
The December 2, 2024 issue covers seven commercial sales recorded across New Orleans and surrounding markets the previous week, totaling $4.86M in disclosed volume. The headline deal: SOUTHWEST REGION CONFERENCE ASSOCIATION OF SEVENTH ADVENTISTS paid $1.59M ($8.07/Land SF) for a 4+ acre parcel of land at 15 Lake Forest Boulevard near the Audubon Louisiana Nature Center. Land, office and retail properties each accounted for two of the seven sales, including a former bank branch in River Ridge bought by Upstream Life Insurance Company for $1.45M and the Clover Grill property on Bourbon Street, which sold with its price withheld.
Commercial Sales Recorded Last Week 7 sales
15 Lake Forest Blvd
$1,585,000 $8.07 / Land SF
A 4+ acre parcel of land sells near Audubon Louisiana Nature Center.
BuyerSOUTHWEST REGION CONFERENCE ASSOCIATION OF SEVENTH ADVENTISTS
9300 Jefferson Hwy
$1,450,000 $499.48 / SF
Upstream Life Insurance Company acquires a former bank branch property along Jefferson Highway in River Ridge.
BuyerUPSTREAM LIFE INSURANCE CO
4409 Utica St
$1,400,000 $194.44 / SF
ATM Ventures acquires a multi-tenant office property on Utica Street.
BuyerATM VENTURES LLC
2925 Audubon St
$275,000 $114.54 / SF
A former church property in need of a full renovation, with an open first floor space and two apartments on the second floor, sells on Audubon Street.
BuyerBOLZ AUDUBON LLC
1138, 1140 St Anthony St
$150,000 $106.84 / SF
A retail property changes hands on Saint Anthony Street.
BuyerRUBA1 LLC
5606, 5610 4th St
Price withheld
A 0.13 acre parcel of land sells near Marrero Travel Park.
Buyer5610 FOURTH ST LLC
900 Bourbon St
Price withheld
The famous Clover Grill property sells on Bourbon Street.
Buyer900 BOURBON LLC
Commercial Permits Issued Last Week
Due to technical issues at the City of New Orleans permitting office, we are unable to include issued permits in this week’s issue.