2426 Simon Bolivar AveNew Orleans, LA 70113

This exceptional investment opportunity presents a two-story, 3,952 square foot multi-tenant building situated on a 6,350 square foot lot in New Orleans' Central City neighborhood. Located at 2426 Simon Bolivar Avenue, this property boasts a highly visible corner location along a busy thoroughfare. The building, constructed in 1980, features three separate units currently occupied under gross monthly leases by a hair salon, barber shop, and clothing store. Ten on-site parking spaces are available. The HU-B1 zoning allows for flexibility, and an additional parcel offers potential for future expansion. The property includes three separate meters for utility management. This location benefits from consistent business and residential growth, and is situated near notable landmarks including churches and the Dew Drop Inn. Financials are available upon request. This is a rare chance to acquire a well-located, income-producing property with significant redevelopment potential in a thriving New Orleans neighborhood. The property is located in a HUBzone. Excellent signage opportunities are also available.