1001 N RAMPART Street, New Orleans, LA 70116
- Added:
- Feb 25, 2026
- Days on Market:
- 106
- Last Refresh:
- Jun 11 at 3:06 pm
Property Features for 1001 N RAMPART Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HMC-2
- Standard status
- Active
- APN
- 1001-NRAMPARTST
- Size
- 4,814 SF
Taxes and HOA fees
- Tax Description
- SQ 112 LOT 1 NRAMPART AND STPHILIP 31X127
Utilities
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 2
Listing agent Kim Carnegie License #995681108 (337) 522-7554
Listing office eXp Realty, LLC 650 Poydras St, New Orleans, LA (337) 522-7554
Listing date Feb 25, 2026
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location in the heart of Treme, adjacent to Louis Armstrong Park and just outside the French Quarter.
- Commercially zoned, offering diverse redevelopment possibilities.
- Large interior footprint of approximately 4,800 square feet, divisible into two units.
- Significant scale with 10 bedrooms and 5.5 bathrooms.
- Strong visibility on North Rampart Street in an iconic and culturally rich area.
- Rare investment opportunity, available for the first time in 30 years.
Overview
The building is situated in the Treme area, positioned just outside the French Quarter and adjacent to Louis Armstrong Park. Its setting along North Rampart Street places it within a highly recognizable corridor with proximity to tourism, entertainment, and cultural destinations.
For buyers and investors, the combination of two-unit divisibility and substantial bedroom-and-bath count may appeal to operators seeking adaptable space rather than a fixed single-configuration layout. For developers, the property’s large interior footprint and commercially oriented zoning (HMC-2) can support redevelopment planning, subject to approvals. A Matterport virtual tour is available for review.
Local Financial Insights For Office B
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 | $109.8k | $22.80 |
| − Vacancy | −$15.1k | −$3.15 |
| EGI | $94.6k | $19.65 |
| − OpEx | −$23.7k | −$4.91 |
| NOI | $71.0k | $14.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0663406
- Latitude
- 29.9631444