The Pulse NOLA: Cox retail location on Elysian Fields sells for 4.85mm

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

Commercial Sales Recorded Last Week

3131 Elysian Fields Ave, New Orleans, LA 70122
3131 Elysian Fields Ave, New Orleans, LA 70122

Type: Retail
Price: $4,850,000 ($326.64 / SF)
Buyer: R&M PROPERTIES 3131 ELYSIAN FIELDS LLC
Elifin’s Notes: The Cox retail location on Elysian Fields sells as an investment property

7457 St Charles Ave, New Orleans, LA 70118
7457 St Charles Ave, New Orleans, LA 70118

Type: Retail
Price: $800,000 ($300.08 / SF)
Buyer: A MANN LAND L L C
Elifin’s Notes: Local photographer purchases this former restaurant property to use as new location for his gallery

83 23rd St, Kenner, LA 70062
83 23rd St, Kenner, LA 70062

Type: Industrial
Price: $735,000 ($138.68 / SF)
Buyer: LGA HOLDINGS LLC
Elifin’s Notes: An industrial property changes hands at 23rd and Piedmont just north of the Airport

1514 South Norman C Francis Pkwy, New Orleans, LA 70125
1514 South Norman C Francis Pkwy, New Orleans, LA 70125

Type: Industrial
Price: $725,000 ($111.23 / SF)
Buyer: TOTAL COMMUNITY ACTION INC
Elifin’s Notes: Total Community Action, Inc, a local non-profit, purchases a versatile commercial property in Central City

29 Veterans Blvd, Kenner, LA 70062
29 Veterans Blvd, Kenner, LA 70062

Type: Industrial
Price: $700,000 ($129.63 / SF)
Buyer: Resiak Investments LLC
Elifin’s Notes: A two-suite industrial property sells in Kenner

331 Hickory Ave, Harahan, LA 70123
331 Hickory Ave, Harahan, LA 70123

Type: Industrial
Price: $344,000 ($96.41 / SF)
Buyer: MULLINS BROS PROPERTIES LLC
Elifin’s Notes: Mullins Bros Construction purchases the Harahan industrial property that they occupy.

5219 Dauphine St, New Orleans, LA 70117
5219 Dauphine St, New Orleans, LA 70117

Type: Retail
Price: $203,000 ($100.84 / SF)
Buyer: MCDOWELL ROBIN MARY PATRICIA
Elifin’s Notes: A historic property, originally used as a public market, sells in the Holy Cross area

416 S Broad St, New Orleans, LA 70119
416 S Broad St, New Orleans, LA 70119

Type: Mixed-Use
Price: $125,000 ($37.43 / SF)
Buyer: GARDEN DISTRICT PROPERTIES L L C
Elifin’s Notes: A local entity purchases a property along South Broad Street with multiple potential future configurations

3501 Texas Dr, New Orleans, LA 70114
3501 Texas Dr, New Orleans, LA 70114

Type: Land
Price: $120,000 ($3.20 / Land SF)
Buyer: FFB INVESTMENT GROUP LLC
Elifin’s Notes: A vacant parcel of commercial land, 0.8+ acres, trades along Texas Drive in Algiers

4011 Canal St, New Orleans, LA 70119
4011 Canal St, New Orleans, LA 70119

Type: Office
Price: Withheld
Buyer: J B LEVERT LAND COMPANY L L C
Elifin’s Notes: A First Horizon bank property, located next to the Walgreens along Canal Street near North Carrollton Avenue, sells

3106-10 Independence St, Metairie, LA 70006
3106-10 Independence St, Metairie, LA 70006

Type: Multifamily
Price: Withheld
Buyer: GOLDEN CENTURY ESTATE LLC
Elifin’s Notes: A pair of local investors purchase a 12-unit multifamily property in Metairie

33 Hamlet St, Kenner, LA 70062
33 Hamlet St, Kenner, LA 70062

Type: Industrial
Price: Withheld
Buyer: ANVG LLC
Elifin’s Notes: An industrial structure fronting on Hamlet Street along with a vacant industrial land parcel sell just north of the Airport in Kenner


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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