The Pulse NOLA: Historic Avenue Pub property sold

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

Commercial Sales Recorded Last Week

4041 Magazine St
4041 Magazine St

Type: Retail
Price: $2,200,000 ($1,348 / SF)
Buyer: 4041 MAGAZINE OWNER LLC
Elifin’s Notes: Investors acquire 1,632 sq ft restaurant space sitting on a 0.19 acre lot in the Uptown area

1732 Saint Charles Ave
1732 Saint Charles Ave

Type: Retail
Price: $1,600,000 ($395 / SF)
Buyer: IF I ONLY HAD A KEG LLC
Elifin’s Notes: Local investors purchase the historic Avenue Pub in the Lower Garden District area, including both the immovable and movable property within the famous pub made up of 4,054 sq ft of retail space

4501-4503 Toulouse St
4501-4503 Toulouse St

Type: Retail
Price: $625,000 ($232 / SF)
Buyer: JNJ AMUSEMENT LLC
Elifin’s Notes: Local investors purchase the Evangeline Lounge property in the Mid-City area, made up of 2,689 sq ft in retail space

900 N Claiborne Ave, 1623 Dumaine St, New Orleans, LA 70116
900 N Claiborne Ave, 1623 Dumaine St, New Orleans, LA 70116

Type: Retail
Price: $500,000 ($164 / SF)
Buyer: 900 CLAIBORNE LLC
Elifin’s Notes: Local investor purchases a 3,040 sq ft warehouse sitting on 0.28 acres in the Treme area

2401 Tchoupitoulas St
2401 Tchoupitoulas St

Type: Mixed-Use
Price: Withheld
Buyer: KCT TCHOUPITOULAS II LLC
Elifin’s Notes: Local investors purchase the Big Easy Crossfit gym property, located in the Irish Channel area, this 0.89 acre parcel is made up of 15,135 sq ft of indoor gym space, 4,749 sq ft of outdoor gym space, with the remaining portion of the lot currently bei

2201 Calhoun St
2201 Calhoun St

Type: Multifamily
Price: Withheld
Buyer: MELODY 3 LLC
Elifin’s Notes: Local investor acquires 5-unit multifamily property, consisting of four 2BR/1BA units and a separate two-story structure currently configured as a single family dwelling, in the Audubon area near Tulane University


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®
Elifin Realty
marketing@elifinrealty.com
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