The Pulse NOLA: Restaurant property near Yacht Club sold

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

Commercial Sales Recorded Last Week

7400 Lakeshore Dr, New Orleans, LA 70124
7400 Lakeshore Dr, New Orleans, LA 70124

Type: Retail
Price: $2,400,000 ($571.43 / SF)
Buyer: FELIXS LAKEFRONT L L C
Elifin’s Notes: A restaurant property sells on Lakeshore Drive.

4624 S Claiborne Ave, New Orleans, LA 70125
4624 S Claiborne Ave, New Orleans, LA 70125

Type: Office
Price: $1,790,000 ($211.58 / SF)
Buyer: WICHITA INVESTMENT LLC
Elifin’s Notes: An Arkansas-based company purchases a medical office property on South Claiborne Avenue.

533 Coolidge St, New Orleans, LA 70121
533 Coolidge St, New Orleans, LA 70121

Type: Industrial
Price: $1,450,000 ($90.63 / SF)
Buyer: JOHN GENDUSAS POOR BOY BAKERY LLC
Elifin’s Notes: An industrial property featuring two office-warehouse buildings changes hands on Coolidge Street.

24th St__Lots 25-29, Kenner, LA 70062
24th St__Lots 25-29, Kenner, LA 70062

Type: Land
Price: $200,000 ($16.40 / Land SF)
Buyer: MACK KORN PROPERTIES, LLC
Elifin’s Notes: A 0.28 acre vacant parcel sells near the Airport.

929 N Broad St, New Orleans, LA 70119
929 N Broad St, New Orleans, LA 70119

Type: Retail
Price: $120,000 ($200.00 / SF)
Buyer: 929 N BROAD LLC
Elifin’s Notes: A tattoo shop occupied retail property sells on North Broad Street.

Lots 1-5, PT6, 45-50 Lexington St, Kenner, LA 70062
Lots 1-5, PT6, 45-50 Lexington St, Kenner, LA 70062

Type: Land
Price: Withheld
Buyer: MSY SUITES LLC
Elifin’s Notes: A 0.6+ acre parcel of commercial land sells behind the Holiday Inn on Veterans Boulevard.

600 St George Ave; 5042 Bloomfield St; 4850 Bloomfield St; 5030 A& B Bloomfield St, New Orleans, LA 70121
600 St George Ave; 5042 Bloomfield St; 4850 Bloomfield St; 5030 A& B Bloomfield St, New Orleans, LA 70121

Type: Industrial
Price: Withheld
Buyer: STRIX VARIA LLC
Elifin’s Notes: An industrial property comprising five buildings spanning over 21 acres changes ownership on Bloomfield Street.

4501 Veterans Blvd, Metairie, LA 70006
4501 Veterans Blvd, Metairie, LA 70006

Type: Retail
Price: Withheld
Buyer: CHRISTMAS VILLAGE LLC
Elifin’s Notes: A strip center property sells on Veterans Boulevard.


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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