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.
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Listing Snapshot
Price
$3,600,000
Days On Site
755 Days
Bedrooms
N/A
Inside Area (SqFt)
32,527 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.5 Acres
Year Built
1924
MLS® Number
2429367
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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