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4705 Iberville St 2,309 SF Office Building New Orleans, LA 70119 $587,563 CAD ($254.47 CAD/SF)



INVESTMENT HIGHLIGHTS
- Versatile work live building
- Open Layout
- One block off of Canal Street with quick access to I-10 and nearby dining, shopping, and the streetcar line along the Canal & Carrollton corridors.
EXECUTIVE SUMMARY
This versatile work live building ideally located in the heart of Mid-City, offering a rare opportunity to combine a commercial use unit and residential space under one roof. One block off of Canal Street with quick access to I-10 and nearby dining, shopping, and the streetcar line along the Canal & Carrollton corridors. The central location balances convenience with the character of a vibrant, historic community. Tenant occupied residential side (4707) is 2 bed, 1 bath shotgun floor plan with 1,030 living SF with the kitchen and living room toward the front and bedrooms toward the back renting for $1,695 per month. The vacant commercial side (4705) has large open spaces that can be easily converted to suit with a bathroom and storage toward the back. Conditional use permit from the city noting Neighborhood Commercial Establishment approval attached to the residential property disclosure attached to the listing and available upon request. The classic exterior presents a clean façade with large storefront windows, ideally suited for office, retail or otherwise. Inside, the commercial side offers a bright, open layout with excellent ceiling height and wood flooring, making it easy to adaptable to various uses. The adjoining 2 bedroom, 1 bathroom shotgun plan residential unit features high ceilings, abundant natural light, an open living and dining layout, and refinished original wood floors, creating a welcoming and flexible home environment. The flexible design offers options for convenience or the ability to lease the spaces separately to multiple tenants.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,309 SF
Building Class
C
Year Built
1908
Price
$587,563 CAD
Price Per SF
$254.47 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,309 SF
1 1
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 2-06-2-103-02 | Improvements Assessment | $35,558 CAD |
| Land Assessment | $9,263 CAD | Total Assessment | $44,821 CAD |
PROPERTY TAXES
Parcel Number
2-06-2-103-02
Land Assessment
$9,263 CAD
Improvements Assessment
$35,558 CAD
Total Assessment
$44,821 CAD
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4705 Iberville St
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