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Multi-Building Mixed-Use Property

1152-1170 Camp Street, New Orleans, LA 70130

For Sale
Contact for pricing

The property combines residential and retail units with brewery, kitchen, brewing, and outdoor space.

Property Size15,044 SF
Lot Size0.51 Acres
Price / SF$131.28
Days on Market29

Property Features for 1152-1170 Camp Street

General Information

Standard status Active
Size 15,044 SF
Total Parking Spaces 9
Lot size 0.51 Acres
Property subtype Mixed Use
Zoning HU-MU

Site & Location

Neighborhood Lower Garden District
Mixed-Use Components retail, restaurant, residential
Listing Agency: Corporate Realty
Listed By: Walker Davis · License LA #995709025
Source: Crexi
Added: Oct 16 Changed: Nov 13 Last Checked: Nov 12 at 8:34AM

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 Corporate Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 1152–1170 Camp Street, this multi-building property totals approximately 15,044 square feet on a 22,164-square-foot site. The buildings accommodate five residential and retail units, along with a rear warehouse used by Courtyard Brewery, which includes kitchen and brewing areas and outdoor space. Nine surface parking spaces serve the property, which is zoned HU-MU and lies outside HDLC jurisdiction.

The site fronts Camp Street and Calliope Street, with the Warehouse District, Central Business District, and Magazine Street described as nearby. The National Park Service granted separate Part 1 historic-significance approvals in 2021 for the Briede Funeral Home buildings at 1152–1158 Camp Street and 1164–1170 Camp Street. The former funeral home has had multiple uses since 1928, most recently Escape My Room.

Key Highlights

  • Approximately 15,044 square feet on a 22,164‑square‑foot site
  • Five residential and retail units across the property
  • Rear warehouse includes kitchen, brewing space, and an outdoor area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$109,908
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,198,160 $2.2M
Cap Rate 7%
$1,570,114 $1.6M
Cap Rate 9%
$1,221,200 $1.2M
Market Conditions
NOI Build-Up for 15,044 SF
Gross rent
$135.4K $9.00/SF
− Vacancy
−$6.1K −$0.41/SF
EGI
$129.3K $8.59/SF
− OpEx
−$19.4K −$1.29/SF
NOI
$109.9K $7.31/SF
Area
New Orleans, LA
Vacancy
4.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,198,160
Cap Rate 7%
$1,570,114
Cap Rate 9%
$1,221,200

Alternative Uses

Best Use
Mixed Use
$2.90M
$2.54M – $3.38M (±1% cap)
NOI $203,094 @ 7.0% cap · market cap 10.28%
Second Best
Retail
$2.65M
$2.32M – $3.10M (±1% cap)
NOI $185,763 @ 7.0% cap · market cap 9.41%
Theoretical Best
Office A
$3.82M
$3.35M – $4.46M (±1% cap)
NOI $267,658 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Breweries

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Tanning Salon Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,585
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in New Orleans, LA

$283 Jul
$262 Aug
$266 Sep
$278 Oct

Properties on Market for Mixed-use properties in New Orleans

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines residential and retail units with brewery, kitchen, brewing, and outdoor space.
Where is this mixed-use property located?
The property is located at 1152-1170 Camp Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Approximately 15,044 square feet on a 22,164‑square‑foot site; Five residential and retail units across the property; Rear warehouse includes kitchen, brewing space, and an outdoor area
(504) 722-7262 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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