The Pulse NOLA: Julia Street property sold for 1.3mm

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

Commercial Sales Recorded Last Week

614, 616 Julia St, New Orleans, LA 70130
614, 616 Julia St, New Orleans, LA 70130

Type: Mixed-Use
Price: $1,349,400 ($295.79 / SF)
Buyer: LEMOINE , THEAR JULES
Elifin’s Notes: A mixed-use property, featuring an art gallery on the first floor and apartments above, changes ownership on Julia Street.

3316 Florida Ave, Metairie, LA 70065
3316 Florida Ave, Metairie, LA 70065

Type: Office
Price: $665,000 ($203.49 / SF)
Buyer: COFFEY INSURANCE AGENCY LLC
Elifin’s Notes: A two-story multi-tenant office property changes hands on Florida Avenue.

3525 Prytania St (Unit 319, 320, 321), New Orleans, LA 70115
3525 Prytania St (Unit 319, 320, 321), New Orleans, LA 70115

Type: Office
Price: $500,000 ($83.58 / SF)
Buyer: LOUISIANA CHILDRENS MEDICAL CENTER
Elifin’s Notes: A three-unit medical office property changes ownership within the Touro Medical Office Building.

813 S Carrollton Ave, New Orleans, LA 70118
813 S Carrollton Ave, New Orleans, LA 70118

Type: Office
Price: $405,000 ($293.48 / SF)
Buyer: CHRIS EDMUNDS LAW OFFICE LLC
Elifin’s Notes: An office property sells across from Walgreens on South Carrollton Avenue.

2052, 2056, 2062 Poydras St, New Orleans, LA 70112
2052, 2056, 2062 Poydras St, New Orleans, LA 70112

Type: Industrial
Price: $350,000 ($104.57 / SF)
Buyer: 2047 LAFAYETTE PROPERTY LLC
Elifin’s Notes: An industrial-flex space changes hands on Poydras Street.

71 Westbank Expy, Gretna, LA 70053
71 Westbank Expy, Gretna, LA 70053

Type: Land
Price: $320,000 ($7.35 / Land SF)
Buyer: PELICAN REAL ESTATE INVESTMENTS LLC
Elifin’s Notes: A 1+ acre parcel of land sells on the Westbank Expressway.

431 4th St, Bridge City, LA 70094
431 4th St, Bridge City, LA 70094

Type: Office
Price: $245,000 ($70.00 / SF)
Buyer: SALA EVANGELICA OF NEW ORLEANS INC
Elifin’s Notes: A former bank branch property sells near the Westwego Police Department on 4th Street.

2693 Privateer Blvd, Barataria, LA 70036
2693 Privateer Blvd, Barataria, LA 70036

Type: Specialty
Price: $150,000 ($15.30 / SF)
Buyer: KLINE PERRIN JR HOLDINGS LLC
Elifin’s Notes: A former church property consisting of three buildings changes ownership in Barataria.

819, 825 Conti St, New Orleans, LA 70112
819, 825 Conti St, New Orleans, LA 70112

Type: Retail
Price: Withheld
Buyer: CONTI TABLE, L.L.C.
Elifin’s Notes: The retail restaurant property occupied by Broussard’s Napoleon Patio sells in the French Quarter.

3806 Magazine St; 824, 828 Peniston St, New Orleans, LA 70115
3806 Magazine St; 824, 828 Peniston St, New Orleans, LA 70115

Type: Retail
Price: Withheld
Buyer: ARCHRON HOLDINGS LLC
Elifin’s Notes: The Magazine Court multi-tenant retail property along with a parking lot sells in the Touro area.


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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