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Prime corner lot at the intersection of I-10 and Esplanade Ave offers a unique redevelopment opportunity. The existing building is in extremely poor condition-potential tear-down previously used as a bar and night club. Value of this property is in the land with unmatched location providing a variety of commercial uses. Its strategic location in a vibrant neighborhood ensures high visibility and foot traffic. The property's potential for redevelopment allows for a new and stylish building that complements the surrounding area due to it's expansive 3600 SF lot. Zoned Commercial HU-B1. Ideal site for enhancing the area's rich cultural heritage. NO INTERIOR ACCESS due to condition. Property is sold AS-IS , WHERE-IS with no warranties expressed or implied. Buyer to verify all zoning and usage. Anyone wanting to enter grounds only must meet agent at the property and sign a Hold Harmless Agreement. This property should qualify for Historical Rehabilitation Tax Credits.
Features
Architecture Style: Other
Exterior Type: Stucco
Exterior Type: Wood Siding
Floors: 2
Legal Description: SQ 760 LOT B PT 1 ESPLANADE 40 X 90 2/ST BR & STUCCO DBLE 5/RMS EACH REST & BAR SEE SEQ E002