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Published on: Wednesday, July 31, 2024
Updated on: Wednesday, July 31, 2024
About the Lister
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Name: Chris Talbot
Company: Talbot Realty Group
Office Phone: (504) 319-1452
Cell Phone: (504) 319-1452
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  Canal Street Development Site

500 South Hwy 89 Ephraim Utah , 84627
500 South Hwy 89 Ephraim Utah , 84627  NAI Premier
Listing ID: CL-Louisiana-11131 Other/Lodging and Hospitality

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Quick Glance
Listing ID: CL-Utah-11701
Status: Accepting Offers
Occupancy: N/A
Year Build: N/A
Building Size: N/A SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Is Security Deposit Required: No
Lease Type: Triple Net Lease (NNN)
Available B2B Options: 0
Offer to Millionaire Club: No
Attached Documents
  • Download | Ephraim-Crossing-industrial-Flyer.pdf ( 2,117.93KB)
Listing Summary
Talbot Realty Group Presents this Multi-family / Hotel Development Opportunity (“the Property”), a ±200 Room (±108,000 Sf) CBD Redevelopment Site.
Complete Details
Year Build: N/A
Building Size: N/A
Total Lot Area: N/A
No of Stories: N/A
No of Total Units: N/A
Occupancy: 0%
Heating and Cooling: Not Specified
Roofing: Not Specified
No of Parking: N/A
Lease Details
Lease Type: Triple Net Lease (NNN)
Monthly Rent: $20.00
Availability on: Thursday, September 5, 2024
Rental Application Fee: $0.00
Total Cost to Move in: $0.00
Security Deposit Required?: No
Lease Terms

1Year - Sales Price: $8.00 - $10.00 Per SF

Full Description
Talbot Realty Group Presents this Multi-family / Hotel Development Opportunity (“the Property”), a ±200 Room (±108,000 Sf) CBD Redevelopment Site. This highly visible building is ideally located on Canal Street in the Biomedical District of New Orleans, Louisiana. The Property offers approximately 180 feet of frontage along prominent Canal Street and is directly situated on the Streetcar Line. Its highly visible positioning is in the epicenter of New Orleans businesses and transportation routes allowing for first-class convenience and accessibility. 1630 Canal St. is in the city’s Biomedical District, which provides world-class biosciences research and development, healthcare delivery, and high-paying jobs. The Biomedical District— which includes the Veterans Administration Hospital, the new University Medical Center, the Louisiana Cancer Research Center, and the New Orleans Bioinnovation Center—is creating an economic impact of $3.3 billion and has created 34,000 new jobs in the region. The property has been determined to qualify for historic tax credits on the Federal and State levels and is located in an opportunity zone. The Canal Street location offers the opportunity to redevelop an impressive short/ long-term stay service or hotel tower, with direct access to the CBD, Medical District, Warehouse District, and the French Quarter. 1630 Canal Street is strategically located for walkability to the most acclaimed restaurants, premier shopping, and entertainment in the heart of New Orleans. It is only blocks away from the Superdome, and a drive of less than five minutes to Caesar's Casino and the Convention Center.
Additional Properties
Property Highlights
  • Available AC: 1.0 - 40.0
  • Min Available SF: 2,000
  • Max Available SF: 20,000
  • Sales Price: $8.00 - $10.00 Per SF
  • NNN Rate: $1.00
Features
  • Sales price starting at $8-$10 PSF for industrial / flex land
  • Lots range in size 1 to 40 acres
  • Leasing starting at $1.00 PSF NNN
  • 2,000 SF - 200,000 SF available for lease
  • New connecting intersection to Ephraim Canyon
  • Located on Highway 89 in the hub of Sanpete County
  • Largest city in the county
  • More than 700 households are being created in Ephraim Crossing development in 3 single-family communities, 3 town home communities and an apartment development.
  • Snow College enrollment is approx 6,000 students and is offering four-year degrees.
  • Utah State has a campus in Ephraim.
  • Ephraim LDS Temple is under construction and is scheduled for completion in 2025.
  • IHC just purchased 35 acres on the south end of town for a trauma center hospital with life flight.
  • Ephraim Canyon has access to the Arapeen ATV. Trail and other outdoor recreation activities.
  • New road design for commercial traffic connecting to Highway 89 being constructed in the next year.
  • Pro-business government that supports expansion.
Listing Location
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Title: Versatile 14.67-Acre Waterfront Industrial Site in Slidell
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