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3871 Gentilly Blvd
New Orleans, LA 70122

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • All measurements are approximate/not guaranteed and are to be verified by the purchaser. Zoning and Intended Use to be verified by the purchaser.

EXECUTIVE SUMMARY

3871 Gentilly Blvd is a fully leased, 2-story building in the Gentilly Terrace neighborhood of New Orleans. The building consists of 4 suites (3 on the 1st Floor, and the 4th being the entirety of the 2nd Floor). The New Beginnings Beauty School & salon tenants currently represents a portion of the first floor and the entirety of the second floor. The rear, first floor suite is occupied by TM Biotech.
The building was renovated in 2019, prior to the current tenants taking possession. The property is zoned HU-B1.
The property is located within the Gentilly Terrace neighborhood of New Orleans. The property provides excellent visibility along Gentilly Blvd., sandwich between the CBD (approx. four (4) miles) and Lake Pontchartrain (approx. two (2) miles).
Traffic counts exceed 20,000 VPD, with Gentilly Blvd being a strong link between residential neighborhoods and commercial nodes.
Notable nearby locations include Brother Martin High School, Dillard University, Walmart, Various QSRs and many more!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,940 SF
Building Class
C
Year Built/Renovated
1990/2019
Price
$1,800,000
Price Per SF
$120
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.32
Lot Size
0.26 AC
Zoning
HU-B1 - Historic Urban Neighborhood Business District

AMENITIES

  • Bus Line

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-8W-4-015-02
Land Assessment
$16,700
Improvements Assessment
$163,950
Total Assessment
$180,650
  • Listing ID: 26941378

  • Date on Market: 10/26/2022

  • Last Updated:

  • Address: 3871 Gentilly Blvd, New Orleans, LA 70122

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