$5,950,000
For Sale

1601 ELYSIAN FIELDS AVENUE

New Orleans, LA 70117
Browse 3 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

This unique acquisition opportunity includes both the real estate and business operations, making it ideal for owner-operators
or investors seeking a turnkey venture. Strategically positioned at the high-visibility corner of Elysian Fields Avenue and North
Claiborne Avenue, the property features a fully operational gas station equipped with eight fuel islands and 16 gas bays. Fuel is
dispensed through multi-product, double-sided, pay-at-the-pump dispensers, supported by two underground fuel tanks with a
combined capacity of 20,000 gallons. A predominant ±7,500 SF canopy with lighting and signage shelters the fuel islands, complemented by a prominent pylon sign for high visibility. The Magnolia Discount Convenience Store is housed in a ±2,368 SF building featuring a small commercial kitchen, extensive cooler and freezer space, two restrooms, and unfinished second-floor space offering additional development potential. Supplemented by 21 parking spaces and a traffic signal-controlled intersection, this site provides ±175 feet of frontage along Elysian Fields Avenue and ±200 feet along N. Claiborne Avenue, allowing for easy ingress/egress in a high-traffic area. The entire property is located within a General Commercial District (C-1) in the City of New Orleans.

  • Property Details
      • Lot DescriptionCornerLot, CityLot
      • Property SubtypeCommercialSale
      • Structure TypeOther, Retail
      • Sewer InformationPublicSewer
      • Original List Price$5,950,000
      • Property TypePurchase
      • CountyOrleans
      • MLS #2511495
      • Cost5950000
      • MLS #2511495
      • Acres0.7135
      • Utility SourcePublic
      • Year Built2000

Location

Troy Lawrence NMLS #1885144 | Magic Mortgage Inc NMLS #2654516Real Estate Group
OR

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Interest Rate

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6.0%

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2.6%
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