- Single-unit property perfect for retail or service business
- Well-maintained with attractive curb appeal
Description
ONLINE AUCTION NEW ORLEANS JUNE 20-27
www.SVNGilmoreAuction.com
1944 SF commercial building is currently utilized as a daycare center. It includes a rear apartment, 3 bedrooms, 1 bath. The month-to-month tenant pays $1200 per month. Off-street parking with a large side yard.
Land Size: 52’ X 120’/6240 SF lot
Zoning: HU-RD1, Historic Urban Two-family Residential District
Legal: Westside Square, Lot 54, PT 55
Directions: Between Franklin Ave. and Elysian Fields
Terms: All cash sale, 10% deposit & signed purchase agreement within 48 hours of the auction, “as is, where is” condition, 10% buyer’s premium added to the winning bid, good title guaranteed, with reserve. The listed price is the starting bid for the online auction.
In cooperation with The McEnery Company, Mo Alhindi
Located between Elysian Fields Avenue and Franklin Avenue.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
