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Flex / Office / Warehouse in Elmwood Business 1521 Dickory Ave

8,775 SF Industrial Building New Orleans, LA 70123 $1,398,000 ($159/SF)

Investment Highlights

  • Energy-efficient LED lighting throughout
  • Kitchenette on the 2nd floor
  • 5 HVAC units
  • ADA-compliant restrooms on the 1st floor, Full bathroom with shower on the 2nd floor
  • Rear and front street access for versatile entry and loading options
  • Approx 32' high, vaulted ceiling in warehouse

Executive Summary

This well-appointed office, warehouse & flex building is an exceptional opportunity for sale, currently occupied by a tenant with a lease expiring on August 26th, 2025. The property is in great condition and well maintained, featuring a prime layout that includes private and open offices, a large conference room, a kitchenette, spacious open work areas, and multiple restrooms. Comprising 72% conditioned office space and 26% warehouse space, it is ideal for a range of business operations.
Strategically situated in the Elmwood Business Park, the property is surrounded by a mix of industrial, office, and retail spaces. It boasts convenient access from Dickory Ave at the front and River Oaks Road West at the rear, with excellent connectivity to key thoroughfares, including Earhart Expressway, Clearview Parkway, Airline Drive (Hwy 61) and Jefferson Highway (Hwy 90). Additionally, nearby amenities include several restaurants, gas stations, and parks, providing convenient options for employees and visitors alike.

Property Facts

Price $1,398,000
Price Per SF $159
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Service
  • FlexLight Distribution
  • Office Industrial Live Work Unit
Building Class B
Lot Size 0.29 AC
Rentable Building Area 8,775 SF
No. Stories 2
Year Built 2006
Tenancy Single
Parking Ratio 1.94/1,000 SF
No. Drive In / Grade-Level Doors 1

Amenities

  • 24 Hour Access
  • Mezzanine
  • Reception
  • Storage Space
  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0700006940
Land Assessment
$23,220
Improvements Assessment
$120,000
Total Assessment
$143,220

zoning

Zoning Code M1
M1
  • Listing ID: 34245344

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 1521 Dickory Ave, New Orleans, LA 70123

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