Description
SOLD! April, 2024
Located at the intersection of Tulane and Carrollton Avenues in Mid-City, New Orleans, this assemblage of properties spans over 1.2 acres, and includes several buildings totalling nearly 20,000 sf of space. While the hard corner is not included in the offering, the portfolio features ~320’ of frontage on Ulloa, ~150’ of frontage on Carrollton Ave, and ~120’ of frontage on Tulane Ave.
The MU-1 zoning allows for a multitude of commercial uses, along with a new construction height limit of 60’ or 5 stories.
The offering includes the following addresses:
4051 Tulane Avenue – 1 story former restaurant
4041 Tulane Avenue – 3 story office
4118 S Carrollton Avenue – vacant land
4126 S Carrollton Avenue – vacant land
4044 Ulloa Street – vacant land
4052 Ulloa Street – 1 story former dentist office
Buildings on site are gutted and are given no value. Pricing informed based on land value only. Full plans are available for 4041 Tulane Ave, although the property is in need of a total renovation. The site has two billboards with existing income located on Tulane Ave.
For additional details, see linked brochure.
ZoningMU-1
Property Size55,628 SqFt
Property TypeDevelopment
Address
Address: 4126 S. Carrollton Ave
City: New Orleans
Parish: Orleans
Zip Code: 70119
Neighborhood: Mid-City
