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    842 Josephine St New Orleans, LA 70130

    For Sale
    $650,000

    Commercial - New Orleans, LA

    Property size:
    1,907 SF
    Lot size:
    0.06 Acres
    Days on Market:
    118
    Last Refresh:
    Dec 11 at 9:06 pm

    Property Features for 842 Josephine St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Hu-rd2
    Size
    1,907 SF
    Lot size
    0.06 Acres

    Building Details

    Floors in Building
    1
    Building materials
    Block, Concrete, Vinyl Siding
    Architectural style
    Other

    Keller Williams Realty 455-0100 (504) 669-8822 [email protected]

    Listing agent Michael Freeland (504) 455-0100

    Listing date Aug 16, 2025

    MLS# 2517273 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Store in Lower Garden

    Located in the Historic Lower Garden District of New Orleans, this commercial convenience store offers an opportunity for investors or entrepreneurs. The business has operated for over 15 years and is positioned near Magazine Street, St. Mary’s Assumption Church, and a growing neighborhood. Its location in a pedestrian-friendly area provides foot traffic and a customer base. The sale includes the business, equipment, and inventory. The property is zoned HU-RD2 and has a lot size of 0.0613 acres. The building has a living area of 1907 square feet.
    Location Intelligence

    Current Use by Public Records

    B & S Food ... Grocery Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Nutrition Kitchen New Orleans

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0744068
    Latitude
    29.9285237

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    FAQs

    What type of property is this?
    Grocery and convenience store - Thriving convenience store in New Orleans' Historic Lower Garden District.
    Where is this grocery and convenience store located?
    The property is located at 842 Josephine St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Prime location in New Orleans' Historic Lower Garden District, near Magazine Street and St. Mary's Assumption Church.; - Established business with over 15 years of successful operation and a loyal customer base.; - Turnkey operation including the business, essential equipment, and current inventory.
    (504) 455-0100
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    New Orleans, LA 70130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    842 Josephine St New Orleans, LA 70130
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