$550,000

Opportunity to purchase an income producing property on St. Claude Avenue in the Marigny on the Streetcar line. Corner lot, plus rear parcel to be included- both parcels zoned Historic Marigny/Tremé/Bywater Commercial District (HMC-2). A beloved local community store Dynamo has leased for over a decade in the 2001 unit and would like to remain. In addition, permitted uses include social club or lodge, place of worship, hospitality center, educational facility, cultural facility, childcare, art gallery, recording studio, and retail, catering kitchen and restaurant. Currently three units; 2001 Storefront (628 sq. ft.) 2003 (688 sq. ft.) Upstairs unit A (1226 sq. ft). 3 electrical meters, 1 water and no gas meter. Flood zone X. Walkable score 96 for walking, and biking. Transit score 59. Nat'l Register of Historic Places District and Local District: Faubourg Marigny Historic District, plus Cultural Products District: St. Claude Corridor. In addition, the lot at 1113 Touro is a separate tax parcel and included in the sale (36 x 31). Building is on (31 x 62). All units occupied. 2892 sq. ft. List of Improvements available by year. 2003 is owner occupied and will be vacated at closing.