2501 Tulane Ave is aland property for lease in New Orleans, LA.
Location: Situated at the Southwest corner of the New Orleans Bio-Medical District, in proximity the University Medical Center (UMC), adjacent to the VA hospital complex named “Dixie Brewery Research Building”, corner South Rocheblave Street.
Site: 6,426 SF site consisting of two lots (Lots 27 & 28) having the collective dimensions of 54.74’ X 111.2’/ 121’ (as outlined in red). Asking price: $899,000.
Zoning: MU-1 (medium intensity mixed use) with HU-B1A (use restriction overlay).
Building: 11,282 SF, two-story, wood frame building of which the first floor (5,000 +/- SF) is presently being used as a garden equipment store (Joe’s Lawnmower Shop) and the second floor now vacant, previously housed two residential apartment units.
Additional: The neighboring LOT (Lot 29) being approx. 3,400 SF (27’ X 121’/123’) could be acquired at comparable pricing and assembled to comprise 9,826 SF with 82’ frontage (as outlined in blue).
Larger Site: The abutting SITE is 73,553 SF and improved with a 48,000 SF warehouse building, presently being offered at $6,619,500 by another real estate brokerage company. Together these sites make up the vast majority portion of the block (Square 557) bounded by Tulane Avenue, Banks Street, So. Rocheblave Street, & So. Dorgenois Street (as outlined in green) comprises almost two acres.
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