Address: 8518 Oak Street & 1121 Leonidas Street, New Orleans, LA, 70118
Flexible mixed-use property located in high-demand stretch of Oak Street. 8518 Oak Street is 2,518 SF with a 380 SF attached garage. It is currently utilized as office space for several seller-owned businesses. It’s flexible layout is conducive to retail or multi-family applications, as well as a multitude of other uses, permitted by the HU-MU zoning designation. Priced individually at $695,000.
8518 Oak Street can be purchased together with 1121 Leonidas Street to form an “L” shaped parcel with dual street frontage and access from both Oak Street and Leonidas, to create an aggregate 10,140 SF site, including a +/- 2,600 SF rear yard, and 4,000 SF total gross building area. 1121 Leonidas is commercially-zoned 1,100 SF 3 bed/2 bath single-family home with great conversion or wholesale redevelopment potential. It is leased month-to-month.
Price: $990,000 | $276 PSF
Gross Building Area: 3,618 SF
Site Size: 10,140 SF
Zoning: HU-MU
For further information or to schedule a showing, please contact Washington Duke 917-482-5103 or Gordon McLeod 504-717-3648.
