2117 N Claiborne Avenue

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2117 N Claiborne Avenue

New Orleans, LA 70116
Asking Price
$383K
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose commercial building available for purchase in New Orleans
  • Property is situated at the address 2117 N Claiborne Avenue
  • Asset is positioned within the 70116 zip code of Louisiana
  • Total asking price for this commercial acquisition is $383,000
  • Located in an active region with strong regional transportation links

What's Special

This special-purpose asset is located at 2117 N Claiborne Avenue in the historic city of New Orleans, Louisiana. Situated within the 70116 zip code, the property occupies a strategic position in a region known for its dense cultural heritage and vibrant local economy. New Orleans remains a significant hub for trade, tourism, and logistics along the Mississippi River, supporting a diverse array of business operations and commercial interests. Given the unique classification of this building, the space is well-suited for organizations requiring specialized facilities or non-traditional layouts that differ from standard retail or office configurations. Prospective investors and business buyers can leverage the property’s accessibility to major local thoroughfares while contributing to the ongoing revitalization of the immediate neighborhood. The location benefits from proximity to established residential corridors and the connectivity of the greater metro area, providing a functional footprint for specialized commercial ventures.

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NOI
$80,000
Cap Rate
20.89%
DSCR
3.52
Strong
Cash-on-Cash
49.84%
Monthly Payment
$1,894.875
Annual Cash Flow
$57,261.5

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