DEVELOPERS DREAM - RARE BYWATER CORNER LOT - ZONED L-1

3517 Chartres St, New Orleans, LA 70117

$8,500,000 After Repair Value -
$2,500,000 Asking Price -
$0 Cost of Repairs =
$6,000,000 Potential Profit

Property Details

Asking Price $2,500,000

After Repair Value $8,500,000

Costs of Repairs $0

Potential Profit $6,000,000

Living Area 10000 ft2

Property Type Land

Bedrooms 1

Bathrooms 1

Half Bathrooms N/A

Parking 1

Listed with Agent 1

Property Description

3517 Chartres Street New Orleans La. 70117FSBO2.5 MILLION This is a very rare find - New ORLEANS building FOR SALE BY OWNER located in the BYWATER on a CORNER LOT is a prefab warehouse with a 10,000 + sq. ft footprint (The inner second story makes the building itself - 18,000 + sq foot of work and living space) PRICE reflects owner\'s knowledge that,property will be most likely sold to DEVELOPERS AS AN INVESTMENT PROPERTY due to the L-1 Construction FRIENDLY ZONING & BOOMING LOCATION - There is a potential for a 100 ft. of upper development (Think ample parking, 6-8 condos, 1-2 upper penthouses - unbeatable view ) Then there’s the building itself : right away it can be dismantled and sold or relocated by you which ads to you return on initial investment - OR since the building is developed inside for parking with a large apartment and ample work space inside well, you have the perfect spot for an HQ while you and your team plan!CONDO & COMMERCIAL POTENTIAL right at the cruise ship port and and scenic park- Serious inquiries only please call - -

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