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$ 650,000
Est. payment /mo
Active
1401 S RENDON ST New Orleans, LA 70125
6,643 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,643 sqft
Price per Sqft $97
MLS Listing ID 2522395
HOA Y/N No
Year Built 1960
Property Description
Own the Beat of New Orleans! Exceptional investment opportunity featuring a 6,643 SF commercial building located in a designated Opportunity Zone. Currently operating as the well-established MAZE Band Rehearsal Studios, this income-producing property includes 23 fully leased studio units with a waiting list, demonstrating strong tenant demand and immediate cash flow.
Purpose-built for musicians and creative professionals, the property has an established reputation within New Orleans' renowned music community. Opportunity Zone designation, consistent occupancy, and potential for additional revenue streams make this a compelling investment for both owner-users and investors.
Property Highlights:
• 6,643 SF commercial building
• Opportunity Zone location
• 23 private rehearsal studio units
• 100% leased with waiting list
• Established income-producing business
• Strong occupancy history
• Potential for expansion of revenue opportunities
• Convenient New Orleans location
Don't miss this rare opportunity to own a thriving commercial asset that combines stable income with the culture and creativity that define New Orleans.
Purpose-built for musicians and creative professionals, the property has an established reputation within New Orleans' renowned music community. Opportunity Zone designation, consistent occupancy, and potential for additional revenue streams make this a compelling investment for both owner-users and investors.
Property Highlights:
• 6,643 SF commercial building
• Opportunity Zone location
• 23 private rehearsal studio units
• 100% leased with waiting list
• Established income-producing business
• Strong occupancy history
• Potential for expansion of revenue opportunities
• Convenient New Orleans location
Don't miss this rare opportunity to own a thriving commercial asset that combines stable income with the culture and creativity that define New Orleans.
Location
State LA
County Orleans
Zoning C-1
Interior
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Building
Lot Description Corner Lot, City Lot, Rectangular Lot
Dwelling Type Industrial,Warehouse
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 6-14-3-533-02
Special Listing Condition None
Listed by Newfield Realty Group Inc.
Schools Near
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