1401 S Rendon Street is a $549,500 home located in New Orleans, LA.
Be an integral part of the New Orleans music scene by providing rehearsal spaces w/ commercial property. Ask any musician in this town and they will tell you that good, affordable rehearsal spaces are hard to find. This solid commercial building has a built-in high demand business enjoying 100% occupancy with a waiting list since inception. Collect $7,000/ month rent and a 9% cap rate. This is a unique deal to make money and help the local music scene! 23 Rehearsal rooms, 2 bathrooms, 3 storage closets.
Breezway - Unfin/Solid Walls
Family-1/2 - 2 Acres
Contract of Sale
Based on information from the New Orleans Metropolitan Association of Realtors, last updated 01/21/2018 at 01:19pm MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.