Health Care and Medical Properties
1101 Aline Street New Orleans, LA 70115
Details & Description
Price: $11,750,000
    Originally constructed as a convent in 1950, this three-story 74,836 square-foot historic building currently operates as an assisted living facility known as Homelife in the Gardens which is comprised of 95 licensed units, offering independent, assisted, memory and respite care options.In addition to the 95 units, the property includes two passenger elevators, five stairwells, a reception area and lobby, numerous community gathering areas, a dining hall, full commercial kitchen, multiple offices and meeting rooms, and a chapel. There are two large atrium areas that might allow for additional floor plates on the 2nd and 3rd floors, potentially resulting in over 7,000 SF of additional gross building area, allowing for potentially up to approximately 82,000 square feet of gross building area. The improvements are situated on a 45,478 SF site which encompasses an entire city block. Presently there are twenty-seven (27) off-street parking spaces, with room within well spaced columns on the first floor for additional enclosed parking.Strategically positioned in the heart of Uptown New Orleans, this location boasts 162 feet of frontage along Magazine Street, only one block from Louisiana Avenue. Some of the immediately surrounding land uses include Touro Hospital – LCMC Health, CVS Pharmacy, Fresh Market, countless restaurants and destination retail shopping options that all service a demographic base with some of the highest average household income figures in the State of Louisiana.This incredible and once in a career development opportunity presents tremendous potential for conversion to high density residential development, commercial space activation along Magazine Street, or continued use as a senior living facility. The facility has tremendous physique with full service systems and extensive atrium space with beautiful natural light.
    Additional Photos
    Listing Agents
    Pat Browne III

    O: 504-274-2667
    pat@mceneryco.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1101 Aline Street

    New Orleans, LA 70115

    Listing ID: 218032
    • 1101 Aline Street New Orleans, LA 70115 | for Sale | Photo 1
    • 1101 Aline Street New Orleans, LA 70115 | for Sale | Photo 2
    • 1101 Aline Street New Orleans, LA 70115 | for Sale | Photo 3
    • 1101 Aline Street New Orleans, LA 70115 | for Sale | Photo 4
    1101 Aline Street | for Sale | Thumbnail 1
    1101 Aline Street | for Sale | Thumbnail 2
    1101 Aline Street | for Sale | Thumbnail 3
    1101 Aline Street | for Sale | Thumbnail 4
    Building Size: 74,836 SF
    Lot Size: 1.040 AC
    Land Size: 45,478 SF
    Building $/SF: $157.01
    Land $/SF: $258.37
    Price
    $11,750,000
    Description

    Originally constructed as a convent in 1950, this three-story 74,836 square-foot historic building currently operates as an assisted living facility known as Homelife in the Gardens which is comprised of 95 licensed units, offering independent, assisted, memory and respite care options.

    In addition to the 95 units, the property includes two passenger elevators, five stairwells, a reception area and lobby, numerous community gathering areas, a dining hall, full commercial kitchen, multiple offices and meeting rooms, and a chapel. There are two large atrium areas that might allow for additional floor plates on the 2nd and 3rd floors, potentially resulting in over 7,000 SF of additional gross building area, allowing for potentially up to approximately 82,000 square feet of gross building area. The improvements are situated on a 45,478 SF site which encompasses an entire city block. Presently there are twenty-seven (27) off-street parking spaces, with room within well spaced columns on the first floor for additional enclosed parking.

    Strategically positioned in the heart of Uptown New Orleans, this location boasts 162 feet of frontage along Magazine Street, only one block from Louisiana Avenue. Some of the immediately surrounding land uses include Touro Hospital – LCMC Health, CVS Pharmacy, Fresh Market, countless restaurants and destination retail shopping options that all service a demographic base with some of the highest average household income figures in the State of Louisiana.

    This incredible and once in a career development opportunity presents tremendous potential for conversion to high density residential development, commercial space activation along Magazine Street, or continued use as a senior living facility. The facility has tremendous physique with full service systems and extensive atrium space with beautiful natural light.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New Orleans History of Health Care and Medical Properties for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    New Orleans Area Market Trends

    Listing Demographics for 1101 Aline Street New Orleans, LA 70115

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population24,178158,135373,944
    Population Median Age413939
    Population by Age0-9 Yrs2091 (8%)15515 (9%)42188 (11%)
    10-19 Yrs1422 (5%)15023 (9%)38179 (10%)
    20-29 Yrs3764 (15%)29234 (18%)58467 (15%)
    30-39 Yrs5378 (22%)26286 (16%)60308 (16%)
    40-49 Yrs3074 (12%)18980 (12%)45329 (12%)
    50-59 Yrs3273 (13%)20431 (12%)50429 (13%)
    60-69 Yrs2710 (11%)17989 (11%)43559 (11%)
    70+ Yrs2468 (10%)14677 (9%)35483 (9%)
    Median HH Income$61,748$49,699$44,921
    Total Household Income< 24K2308 (21%)18717 (29%)46386 (30%)
    25-49K2195 (20%)12984 (20%)34792 (23%)
    50-74K1734 (16%)9631 (15%)22911 (15%)
    75-99K1075 (9%)6121 (9%)14928 (9%)
    100-199K2175 (20%)10014 (15%)22333 (14%)
    200K+1337 (12%)5629 (8%)9118 (6%)
    Highest Education LevelNo Diploma18941681641991
    Diploma or GED29642491967226
    Some College30171988154464
    Assoc. Degree671454613106
    Bachelors Degree57552632554241
    Higher Degree53262158537689
    Total Housing Units14,35080,779187,487
    --Owner-Occupied5,05428,47273,156
    --Renter-Occupied5,77034,62577,311
    Owner-Occupied Values< 100K26830189936
    100-199K551653525585
    200-299K763486013147
    300-399K81536258396
    400-499K72928875240
    500K+1928754710853
    Total Working Age Population21,112134,649309,604
    In Work Force15,23482,684193,820
    Not In Work Force5,87851,965115,784
    Workforce Employed14,36977,157179,295
    Workforce Unemployed8285,30513,778
    Civlian Workforce15,19682,462193,073
    Military Workforce37222747
    Total Households10,82463,097150,468
    Family Households4,57828,67374,293
    Non-Family Households6,24634,42476,175
    Married Couple3,23817,84345,067
    Other Family1,34010,83029,226
    Married w/Child1,0135,99614,898
    Single Male w/Child1269762,788
    Single Female w/Child3753,93911,013

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Louisiana4,468,976+14,533,372+14,588,310+54,813,420
    Jefferson Parish455,466-5432,552+4450,200+1454,670
    Lafourche Parish89,974+796,318095,990095,990
    Orleans Parish484,674-29343,829-26255,4400256,010
    Plaquemines Parish26,757-1423,042+1225,770+1329,130
    St. Bernard Parish67,229-4735,897-3822,210+122,480
    St. Charles Parish48,072+1052,780+1057,930+560,580
    St. John the Baptist Parish43,044+745,924+2557,410+1365,110

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1101 Aline Street in New Orleans?
    The asking price for 1101 Aline Street is $11,750,000
    What is the building size of this Health Care property in New Orleans, LA?
    The size of the building/unit at 1101 Aline Street in New Orleans is 74,836 square feet
    How much land does the New Orleans, LA property at 1101 Aline Street include?
    1101 Aline Street in New Orleans includes 1.040 acres of land
    What kind of Health Care is the propery at 1101 Aline Street?
    The property at 1101 Aline Street New Orleans, LA 70115 is listed as a Assisted/Senior Living Health Care property
    What is the population within 1 mile of 1101 Aline Street in New Orleans?
    The population within 1 mile of 1101 Aline Street New Orleans, LA 70115 is 24,178 people.
    Who do I contact for questions about 1101 Aline Street?
    You should contact the listing agent, Pat Browne III, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    4201 Woodland Drive, New Orleans, LA $11,000,000 120068 8.1
    2995 Race Street, Jackson, LA CALL 4800 -
    6411 Howells Ferry Road, Mobile, AL $675,000 7920 7.2
    132 Well Road, West Monroe, LA $2,018,700 2560 -
    3748 Meeks Drive, Orange, TX $1,846,000 10086 -
    1400 West 11th Street, Panama City, FL $750,000 34288 2.64
    104 M B L Bank Drive, Minden, LA $2,990,000 13865 2.8
    1209 West Bluff Street, Woodville, TX $1,448,480 4938 0.25
    404 East 24th Street, Lynn Haven, FL $3,108,000 6409 1
    2500 Military Road, Columbus, MS $890,909 3000 0.25

    Closest Commercial Airports

    Airport Distance (mi)
    Louis Armstrong New Orleans International Airport (MSY) 11
    Gulfport Biloxi International Airport (GPT) 70
    Lafayette Regional Airport (LFT) 115