The Pulse NOLA: St. Claude convenience store sells for 1.8mm

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

Commercial Sales Recorded Last Week

3200 Saint Claude Ave, New Orleans, LA 70117
3200 Saint Claude Ave, New Orleans, LA 70117

Type: Retail
Price: $1,800,000 ($473.68 / SF)
Buyer: ADAM AND MOE LLC
Elifin’s Notes: Gretna-based investor purchases a convenience store property with a parking lot sitting along Saint Claude Avenue next to the other property he bought this past week

2218 Poydras St, New Orleans, LA 70119
2218 Poydras St, New Orleans, LA 70119

Type: Industrial
Price: $1,150,000 ($44.53 / SF)
Buyer: 2218 POYDRAS ACQUISITION LLC
Elifin’s Notes: Local developer and business owner purchases an industrial property to add to his holdings in the area on either side of I-10 near the Hwy-90 split

7900 Maple St, New Orleans, LA 70118
7900 Maple St, New Orleans, LA 70118

Type: Retail
Price: $735,000 ($287.33 / SF)
Buyer: CAMPUS RENTALS LLC
Elifin’s Notes: A restaurant property changes hands at the corner of Maple Street and Fern Street in East Carrollton

5424 General Diaz St, New Orleans, LA 70124
5424 General Diaz St, New Orleans, LA 70124

Type: Multifamily
Price: $550,000 ($91,667 / Unit)
Buyer: RICHARDS IDA SCANLAN; RICHARDS ROBERT P
Elifin’s Notes: A six-unit multifamily property, four 1BR/1BA and two efficiency units, sells in Navarre

2425 West Metairie Ave, Kenner, LA 70062
2425 West Metairie Ave, Kenner, LA 70062

Type: Multifamily
Price: $510,000 ($85,000 / Unit)
Buyer: 139 ORLANDO LLC
Elifin’s Notes: Local investor purchases a 6-unit multifamily property along West Metairie Avenue in Kenner

3218 Saint Claude Ave, New Orleans, LA 70117
3218 Saint Claude Ave, New Orleans, LA 70117

Type: Retail
Price: $500,000 ($238.10 / SF)
Buyer: AMIRA AND JENA LLC
Elifin’s Notes: Gretna-based investor purchases this duplex turned retail property along Saint Claude Avenue sitting next to his other purchase this past week

2207 Greenwood St, Kenner, LA 70062
2207 Greenwood St, Kenner, LA 70062

Type: Industrial
Price: $450,000 ($142.86 / SF)
Buyer: Optimize Solutions, LLC
Elifin’s Notes: Office warehouse with a connected laydown yard sells just blocks from the MSY Airport.

2640 Canal St, New Orleans, LA 70119
2640 Canal St, New Orleans, LA 70119

Type: Office
Price: $300,000 ($7.12 / SF)
Buyer: CANAL CROSSING SENIOR APARTMENTS LP
Elifin’s Notes: Canal Crossing Senior Apartments LP acquires the American Red Cross building on Canal Street near South Broad

966 Jefferson Hwy, Jefferson, LA 70121
966 Jefferson Hwy, Jefferson, LA 70121

Type: Specialty
Price: $216,750 ($72.25 / SF)
Buyer: ARNOULT, RICHARD A JR
Elifin’s Notes: A local individual purchases the property occupied by a Jefferson Parish Fire Station in Jefferson


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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