3232 GENERAL MEYER Boulevard, New Orleans, LA 70114
Not a Subdivision · Orleans County
Key Facts
Description
With the increasing population and development in the area, a commercial building in a very high demand area is an excellent investment opportunity. Combining a tire shop and a grocery store in the same building would serve the needs of the community and attract a diverse customer base. The tire shop would cater to the growing number of vehicles in the area, providing services such as tire replacement, repair, and maintenance. As more people own cars, the demand for reliable and convenient tire services is on the rise. By offering competitive prices, quality products, and efficient service, the tire shop could quickly build a loyal customer base. In addition to the tire shop, including a grocery store in the commercial building would cater to the daily needs of the residents. A well-stocked grocery store offering a wide variety of fresh produce, pantry staples, and household items would become a go-to destination for the local community. (THE STORE HAS BEEN CLOSED FOR A FEW YEARS) Moreover, the synergistic effect of having both a tire shop and a grocery store in one building would benefit both businesses. Customers visiting the tire shop may also make impromptu trips to the grocery store, resulting in increased sales for both establishments. Additionally, the physical presence of one business can attract customers to the other through cross-promotion and joint advertising efforts. Being situated in a very high demand area ensures a steady stream of customers and guarantees strong foot traffic for the commercial building. The location would be easily accessible, with ample parking space to accommodate the needs of both businesses. This convenience would add to the overall appeal and increase the likelihood of attracting customers from surrounding areas as well.
Property Information
Property Type
Commercial Sale
Structure Type
Industrial / Retail / Warehouse
Year Built
1952
Living Area
4,722 sq ft
Lot Dimensions
281/259X107
Parking Spaces
3
Zoning
comm
Days on Market
876
MLS® Listing#
2430854
Property Features
Parking
Lot Features
Construction
Sewer
Water Source
Affordability Calculator
$129,800
Estimated monthly payment
$3,454/mo
Principal $519,200 · Est. interest $724,330 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in New Orleans, LA
- $342,066
- Median Listing Price
- 94
- Median Days on Market
- 1,824
- Median Sq Ft
- $189
- Median Price / Sq Ft
- 2,635
- Active Listings
- This home’s price is 90% above the area median.
- Its price per sq ft is 27% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in New Orleans, LA.
Location
Getting Around
Points of Interest in New Orleans, LA
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Nearby Schools
Martin Behrman Charter School: Academy of Creative Arts and Sciences
School · 0.4 mi away
Julian Elementary School
Elementary · 0.5 mi away
Inspirenola Charter Schools
School · 0.8 mi away
Nola Public Schools
Elementary · 0.8 mi away
Clara's Little Lambs Preschool Academy
School · 0.9 mi away
Harriet Tubman Charter School
Elementary · 0.9 mi away
New Orleans Public Schools
School · 1.0 mi away
Calvary Baptist School
Secondary · 1.0 mi away
New Orleans Military and Maritime Academy
School · 1.0 mi away
Lord Beaconsfield Landry High School
Secondary · 1.1 mi away
Henderson Elementary School
Elementary · 1.2 mi away
William J Fischer Elementary School
Elementary · 1.3 mi away
Children's College of Academics
School · 1.3 mi away
Dorothy Height Charter School
School · 1.4 mi away
Frederick A. Douglass High School
Secondary · 1.5 mi away
Toddler's University
School · 1.5 mi away
Elan Academy
Elementary · 1.5 mi away
Young Audiences Charter School
Elementary · 1.5 mi away
Kate Middleton Elementary School
Elementary · 1.5 mi away
McDonogh 32 Elementary School
Secondary · 1.6 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3601 CAMP Street 305, New Orleans, LA | $455,000 | 2 | 2 | 903 |
| 2105-07 ERATO Street, New Orleans, LA | $455,000 | 4 | — | 2,056 |
| 1022 TOULOUSE Street BC-22, New Orleans, LA | $458,000 | 2 | 2 | 1,095 |
| 4423-4425 S JOHNSON Street, New Orleans, LA | $459,000 | 4 | — | 3,307 |
| 5216 PARIS Avenue, New Orleans, LA | $459,000 | 4 | 3 | 1,938 |
| 633 ESPLANADE Avenue 201, New Orleans, LA | $459,000 | 1 | 1 | 825 |
Moving Cost Estimate
EXIT Agents in New Orleans
Listing Courtesy: KELLER WILLIAMS REALTY 455-0100 - 5044550100