1401 RENDON South Street, New Orleans, LA 70125 | New Orleans Home For Sale and Real Estate

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More about 1401 RENDON South Street, New Orleans, LA 70125

Be an integral part of the New Orleans music scene by providing rehearsal spaces w/ commercial property. Ask any musician in this town and they will tell you that good, affordable rehearsal spaces are hard to find. This solid commercial building has a built-in high demand business enjoying 100% occupancy with a waiting list since inception. Collect $7,000/ month rent and a 9% cap rate. This is a unique deal to make money and help the local music scene! 23 Rehearsal rooms, 2 bathrooms, 3 storage closets.

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Property Details
Price
$585,000
Area No
66 New Orleans/Broadmoor
County
Orleans
Property Type
Commercial
Approx Age
999
Exterior
Cinder Block
Lot Description
Corner
Parking
None
Area
66 New Orleans/Broadmoor
Surrounding Properties
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Trends for ZipCode 70125
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Courtesy Of Gulf South Real Estate Network

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Latter & Blum Inc./Realtors®, CJ Brown Realtors®, Van Eaton & Romero Realtors® and Noles-Frye Realty® are licensed real estate brokerage firms in Louisiana and Mississippi.

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