The Pulse NOLA: Music venue on Frenchman St sells to local investors

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

Commercial Sales Recorded Last Week

2636 Athania Pkwy, Metairie, LA 70002
2636 Athania Pkwy, Metairie, LA 70002

Type: Office
Price: $288,000 ($112.19 / SF)
Buyer: CONCORD HOLDINGS LLC
Elifin’s Notes: A dentist office changes hands in the Athania area of Metairie

7007 Read Blvd, New Orleans, LA 70127
7007 Read Blvd, New Orleans, LA 70127

Type: Retail
Price: $140,000 ($53.56 / SF)
Buyer: BB & TT L L C
Elifin’s Notes: A local investor acquires two retail buildings on one parcel in the Little Woods area, where Read Boulevard meets I-10

914 Maria St, Kenner, LA 70062
914 Maria St, Kenner, LA 70062

Type: Land
Price: $100,000 ($19.13 / Land SF)
Buyer: David Duthu; Melissa W Duthu
Elifin’s Notes: A pair of investors purchase a 0.1+ acre vacant, commercial parcel of land in the Kenner Orchards industrial area

3100 Ridgelake Dr, Metairie, LA 70002
3100 Ridgelake Dr, Metairie, LA 70002

Type: Mixed-Use
Price: Withheld
Buyer: CAUSEWAY RIDGE PROPERTIES LLC
Elifin’s Notes: Local investor purchases a three building portfolio covering nearly a square block in the Harlem area, along North Causeway Boulevard between 19th Street and 20th Street

2533 Lasalle St, New Orleans, LA 70113
2533 Lasalle St, New Orleans, LA 70113

Type: Mixed-Use
Price: Withheld
Buyer: PSYCHIATRIC SPECIALISTS
Elifin’s Notes: Psychiatric Specialists, APMC, purchases a commercial building along with the next door duplex in the Central City area

618 Frenchmen St, New Orleans, LA 70116
618 Frenchmen St, New Orleans, LA 70116

Type: Retail
Price: Withheld
Buyer: GOT JAZZ LLC
Elifin’s Notes: A pair of local business operators purchase the d.b.a music venue on Frenchman Street


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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