Historic Mixed-Use Redevelopment
1000 N Rampart St, New Orleans, LA 70116
Call to check price and availability
Historic corner property near French Quarter with redevelopment potential.
Type:Mixed Use, Retail
Property size:
10,000 SFPrice / SF:
$199/SF- Added:
- Feb 23, 2026
- Days on Market:
- 125
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1000 N Rampart St
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Mixed Use, Retail
Listing office Talbot Realty Group (504) 525-9763
Listing date Feb 23, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Talbot Realty Group
HighLights
- Prime location at the edge of the French Quarter and Tremé on the North Rampart Street corridor.
- Significant historic fabric and architectural details, including masonry bearing walls and wrought‑iron galleries.
- Approved for State and Federal Historic Tax Credits.
- Flexible VCC‑2 zoning allows for a broad range of commercial, residential, or mixed‑use configurations.
- Redevelopment opportunity with a clear framework in a vacant, partially improved building.
- Expansion potential with a full‑height third‑level attic.
Overview
This historic mixed-use redevelopment opportunity is located along the North Rampart Street corridor at the intersection of Rampart Street and St. Philip Street, situated at the edge of the French Quarter and Tremé. Constructed circa 1870, the property features an approximately 7,615 square foot historic corner structure with dual frontage and off-street parking. The building retains significant historic fabric, including masonry bearing walls, heavy timber framing, and full-length wrought-iron galleries overlooking Rampart Street. Based on existing floor plans, the property contains approximately 10,000 square feet of estimated rentable area. The seller estimates a total usable area of approximately 11,581 square feet, inclusive of conditioned interior space plus partial allocation of gallery and balcony areas. Buyer to verify all square footage. The building is vacant and partially improved, offering a clear redevelopment framework. A full-height third-level attic provides meaningful expansion potential. The property has received State and Federal Historic Tax Credit Part 1 approvals and is zoned VCC-2, allowing a broad range of commercial, residential, and mixed-use configurations. The property is offered as-is.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $240.0k | $24.00 |
| − Vacancy | −$24.0k | −$2.40 |
| EGI | $216.0k | $21.60 |
| − OpEx | −$81.0k | −$8.10 |
| NOI | $135.0k | $13.50 |
10,000 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.93M
$1.69M – $2.25M
NOI $135,000 @ 7.0% cap · market cap 6.75%
Second Best
Retail
$1.76M
$1.54M – $2.06M
NOI $123,480 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$2.54M
$2.22M – $2.97M
NOI $177,917 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Shoreline Communications
Radio Station
Nola RampART Gallery
Art Gallery
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0660007
- Latitude
- 29.9629831
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Historic corner property near French Quarter with redevelopment potential.
Where is this mixed-use property located?
The property is located at 1000 N Rampart St New Orleans, LA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Prime location at the edge of the French Quarter and Tremé on the North Rampart Street corridor.; Significant historic fabric and architectural details, including masonry bearing walls and wrought‑iron galleries.; Approved for State and Federal Historic Tax Credits.
