The Pulse NOLA: Warehouse District building sold for 2mm

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

Commercial Sales Recorded Last Week

762 St Charles Ave, New Orleans, LA 70130
762 St Charles Ave, New Orleans, LA 70130

Type: Retail
Price: $2,000,000 ($278.24 / SF)
Buyer: ALPHADIA752 LLC
Elifin’s Notes: A two-story commercial property with street-level retail space sells in the Warehouse District.

2220 Lakeshore Dr, New Orleans, LA 70122
2220 Lakeshore Dr, New Orleans, LA 70122

Type: Specialty
Price: $795,000 ($104.11 / SF)
Buyer: GREATER NEW ORLEANS CHINESE CHRISTIAN CHURCH
Elifin’s Notes: A church property changes hands near UNO’s campus.

4141 California Avenue, Kenner, LA 70065
4141 California Avenue, Kenner, LA 70065

Type: Industrial
Price: $650,000 ($101.56 / SF)
Buyer: DARUL ARQAM FOUNDATION
Elifin’s Notes: An industrial property with office and warehouse space sells in Kenner.

1332 Pailet Ave, Harvey, LA 70058
1332 Pailet Ave, Harvey, LA 70058

Type: Retail
Price: $100,000 ($59.52 / SF)
Buyer: 1332 PAILET LLC
Elifin’s Notes: A bar and lounge property sells on Pailet Avenue.

5508, 5510 Magazine St, New Orleans, LA 70115
5508, 5510 Magazine St, New Orleans, LA 70115

Type: Mixed-Use
Price: Withheld
Buyer: VICKI ADJMI HOLDINGS, LLC
Elifin’s Notes: A mixed-use property with street-level retail and two upstairs apartments sells on Magazine 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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