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NEW PRICE for this stabilized mixed-use investment is located on St. Charles Avenue in Uptown New Orleans along the historic St.Charles Streetcar line. The fully leased property features a long-term ground-floor restaurant tenant with a residential apartment above. The asset offers in-place cash flow, contractual rent increases, and recent capital improvements, including a new roof completed in 2025. It is well suited for investors or 1031 exchange buyers seeking predictable income in a core Uptown location. The property is centrally positioned between Uptown and Downtown New Orleans and is surrounded by a strong concentration of established restaurants and neighborhood retail, including Lula Restaurant & Distillery, Tito's Ceviche, Houston's, Raising Cane's, and other established neighborhood operators. The residential unit has previously held a short-term rental license and retains a configuration suitable for future STR use, subject to applicable approvals. Do not disturb current tenant.
Listed By
Agency Name: Corporate Realty Realty Leasing Company, Inc.
Agency Phone: (504) 581-5005
Shown By
Agency Title: John Weil Realty, LLC
Agency Phone: 504-512-6339
