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7701 Saint Bernard Hwy

7,923 SF Office Building Arabi, LA 70032 $720,000 ($91/SF)

Investment Highlights

  • Highly visible
  • Additional land provides expansion opportunity
  • Both move-in ready building and unfinished raw space

Executive Summary

This approximately 7,923-sf office building is situated on an approximately 1.2-acre lot in historic Arabi. The property is zoned C-2 / R-1, supporting multiple uses and offering outstanding visibility along the heavily trafficked St. Bernard Highway, making it highly attractive for any business or retailer seeking to establish or expand in the area. Arabi has recently experienced significant population growth, as residents and businesses continue to recognize the value of the area and its proximity to Downtown New Orleans.
The portion of the building fronting St. Bernard Highway features approximately 3,065-sf office space in good condition that has been consistently leased from 2003 to 2023. Wrapping around the finished space, there is a unfinished unit that includes approximately 3,974 sf on the first floor and approximately 884 sf on the second floor, allowing flexibility to customize the layout for specific needs.
The additional land at the back of the property provides an opportunity to extend the existing building, construct a residential unit, or add parking. It is partially paved.
Please note: All sizes are approximate

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,923 SF
Building Class
B
Year Built
1970
Price
$720,000
Price Per SF
$91
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,962 SF
Building FAR
0.11
Lot Size
1.64 AC
Zoning
C-2/R-1 - C-2/R-1
Parking
10 Spaces (1.26 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2507000000C2
Land Assessment
$7,800
Improvements Assessment
$9,384
Total Assessment
$17,184
  • Listing ID: 33932141

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 7701 Saint Bernard Hwy, Arabi, LA 70032

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