$5,950,000

1601 Elysian Fields Ave New Orleans, LA 70117

Saint Roch Neighborhood

Estimated payment $33,702/month

Total Views 1,995
-- Bed
-- Bath
2,368 Sq Ft
$2,513 Price per Sq Ft

Highlights

  • 0.71 Acre Lot
  • Corner Lot
  • Accessibility Features

About This Home

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.

Listing Agent

Herbert Dubuisson

LATTER & BLUM (LATT15) License #995694311 Listed on: 07/23/2025

LATTER & BLUM (LATT15)

Co-Listing Agent

Chip Gardner

LATTER & BLUM (LATT15) License #912124852

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $27,364

Year Built

  • Built in 2000

Lot Details

  • 0.71 Acre Lot
  • Corner Lot
  • The community has rules related to zoning restrictions
  • Zoning described as C-1

Parking

  • Parking Lot

Home Design

  • 2,368 Sq Ft Home

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 38W107504

Property Details

Property Type

Other

Est. Annual Taxes

$27,364

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size Acres: 0.7135
  • Lot Size: Remarks
  • Co List Office Mls Id: LATT15
  • Co List Office Phone: (985) 626-5695
  • Structure Type: Other, Retail
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Accessibility Features: Accessibility Features

Exterior Features

  • Lot Features: Corner Lot, City Lot

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 38W107504
  • Zoning Description: C-1
  • Zoning: C-1

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $27,364 $207,320 $46,620 $160,700
2024 $27,779 $207,320 $46,620 $160,700
2023 $24,090 $188,180 $46,620 $141,560
2022 $24,090 $171,200 $46,620 $124,580
2021 $24,644 $171,200 $46,620 $124,580
2020 $27,358 $188,180 $46,620 $141,560
2019 $28,430 $188,180 $46,620 $141,560
2018 $28,995 $188,180 $46,620 $141,560
2017 $27,685 $188,180 $46,620 $141,560
2016 $28,562 $188,180 $46,620 $141,560
2015 -- $170,300 $82,370 $87,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $5,950,000 -- $2,513 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Gift Deed -- None Listed On Document
Cash Sale Deed $150 Crescent Title Llc
Warranty Deed $1,375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,900,000 Future Advance Clause Open End Mortgage
Previous Owner $125,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: ROAM MLS

MLS Number: 2511495

APN: 3-8W-1-075-04

Louisiana Orleans Parish New Orleans 70117 Saint Roch

1601 Elysian Fields Ave, New Orleans, LA

This home is located at 1601 Elysian Fields Ave, New Orleans, LA 70117 and is currently priced at $5,950,000, approximately $2,512 per square foot. This property was built in 2000. 1601 Elysian Fields Ave is a home located in Orleans Parish with nearby schools including Homer Plessy French Quarter Community School, Mary Bethune Elementary School, and KIPP Leadership Primary.

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Listing Agent
Herbert Dubuisson
Section Image
LATTER & BLUM (LATT15)
(504) 474-6824