$3,600,000

3300 Gravier St New Orleans, LA 70119

Mid-City Neighborhood

Estimated payment $21,608/month

Total Views 11,272
-- Bed
-- Bath
32,527 Sq Ft
$111 Price per Sq Ft

Highlights

  • 1.5 Acre Lot
  • Accessibility Features
  • Historic Home
  • Oversized Lot

About This Home

OPPORTUNITY ZONE PROPERTY: Located in the heart of Mid City, this historic office and warehouse property is leased on a NNN basis to El Guapo Bitters and is now available for sale. The property includes over 30,000 SF of improvements on nearly 1.5 acres of land. The property includes a full buildout complete with functional warehousing/storage/distribution space and like-new office space. The tenant’s lease expires in October 2026, at which point they have a 5-year option to renew. El Guapo Bitters, the Tenant at the site, manufactures, and distributes alcohol-free cocktail bitters, syrups, and mixers from the site, and is currently the all-time winning-est company in the Good Food Award elixir category.

The property is a 7-minute drive from downtown New Orleans and is in close proximity to major transportation arteries I-10 and Jefferson Davis Parkway. Also included are 3 vacant lots across Gravier Street.

Listing Agent

Aaron Kazanoff

Ben & Burka License #995700882 Listed on: 01/11/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $20,707

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 150 x 450
  • Oversized Lot
  • Historic Home
  • The community has rules related to zoning restrictions
  • Zoning described as MU-2

Home Design

  • Cosmetic Repairs Needed
  • Brick Exterior Construction

Interior Spaces

  • 32,527 Sq Ft Home
  • Property has 2 Levels
  • Fire Sprinkler System

Parking

  • Parking Lot
  • Off-Street Parking

Additional Features

  • Accessibility Features
  • City Lot

Community Details

  • Common Area

Listing and Financial Details

  • Assessor Parcel Number 701193300GravierST

Property Details

Property Type

Other

Est. Annual Taxes

$20,707

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size Acres: 1.5
  • Lot Size: 150 x 450
  • Co List Office Mls Id: BNBK01
  • Architectural Style: Historic/Antique
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Office, Warehouse
  • Year Built Details: Resale,Historical,Remodeled structural changes - all major mechanical systems i.e. HVAC,Renovated cosmetic changes of at least 50% total living area - i.e. paint
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Possible Use: Medical/Dental
  • Accessibility Features: Accessibility Features
  • Living Area: 32527.0

Exterior Features

  • Lot Features: City Lot, Oversized Lot
  • Construction Type: Brick
  • Property Condition: Repairs Cosmetic, Updated/Remodeled, Resale

Garage/Parking

  • Parking Features: Off Street, Parking Lot

Utilities

  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area

Lot Info

  • Parcel #: 701193300GravierST
  • Zoning Description: MU-2
  • Zoning: MU-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes

Multi Family

  • Annual Gross Income: 270000.0

Map

Range of Values:

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Average Value
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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 $20,707 $156,880 $118,810 $38,070
2024 $21,020 $156,880 $118,810 $38,070
2023 $19,903 $138,500 $99,000 $39,500
2022 $19,903 $141,450 $99,000 $42,450
2021 $21,830 $151,650 $99,000 $52,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 For Sale $3,600,000 0.0% $111 / Sq Ft
09/13/2021 09/13/21 Rented $1 -100.0% --
08/14/2021 08/14/21 Under Contract -- -- --
03/16/2020 03/16/20 For Rent $32,527 -- --
Source: ROAM MLS

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,307,565 New Conventional
Source: Public Records

Source: ROAM MLS

MLS Number: 2429367

APN: 1-04-1-070-05

Louisiana Orleans Parish New Orleans 70119 Mid-City

3300 Gravier St, New Orleans, LA

This home is located at 3300 Gravier St, New Orleans, LA 70119 and is currently priced at $3,600,000, approximately $110 per square foot. This property was built in 1924. 3300 Gravier St is a home located in Orleans Parish with nearby schools including Esperanza Charter Elementary School, Mary Bethune Elementary School, and Morris Jeff Community School.

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Aaron Kazanoff
Listing Agent
Aaron Kazanoff
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Ben & Burka
(504) 285-2948