Multi-Building Mixed-Use
For Sale
$1,975,000
1152 Camp St, New Orleans, LA 70130
HU-MU-zoned buildings combine commercial space, a brewery, and residential and retail units.
Property Size15,044 SF
Lot Size0.51 Acres
Price / SF$131.28
Days on Market14
Property Features for 1152 Camp St
General Information
Standard status
Active
Size
15,044 SF
Total Parking Spaces
9
Lot size
0.51 Acres
Property subtype
Other
Zoning
HU-MU
Site & Location
Neighborhood
Lower Garden District
Mixed-Use Components
retail, residential
Amenities
9 Parking Spaces
Building Details
Year Built
1900
Buildings
3
Tenancy
Multi
Listing Agency:
Corporate Realty - Main Office
Listed By:
Walker Davis · License #995709025
(504) 722-7262
Source:
Lacdb.resimplifi
Added: Oct 16
Changed: Oct 27
Last Checked: Oct 28 at 4:36AM
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 - Main Office
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Investment Insights
Based on property information with market context.
At 1152-1170 Camp Street, this 15,044-square-foot mixed-use property occupies a 22,164-square-foot site. The improvements include a former funeral home building, a rear warehouse used by Courtyard Brewery with kitchen, brewing space, and an outdoor area, and a separate building containing five residential and retail units. The property was built in 1900 and has nine dedicated surface parking spaces.
The site is at Camp and Calliope Streets, near the Warehouse District, Central Business District, and Magazine Street. St. Charles streetcar service and NORTA bus routes 11 and 12 are nearby, along with the Riverfront streetcar line. Zoning is HU-MU, and the property is outside HDLC jurisdiction.
In 2021, the National Park Service issued separate Part 1 historic-significance approvals for the Briede Funeral Home at 1152-1158 Camp Street and the building at 1164-1170 Camp Street.
The site is at Camp and Calliope Streets, near the Warehouse District, Central Business District, and Magazine Street. St. Charles streetcar service and NORTA bus routes 11 and 12 are nearby, along with the Riverfront streetcar line. Zoning is HU-MU, and the property is outside HDLC jurisdiction.
In 2021, the National Park Service issued separate Part 1 historic-significance approvals for the Briede Funeral Home at 1152-1158 Camp Street and the building at 1164-1170 Camp Street.
Key Highlights
- 15,044‑square‑foot property on a 22,164‑square‑foot site
- HU‑MU zoning and nine dedicated surface parking spaces
- Rear warehouse includes kitchen, brewing space, and an outdoor area; currently used by Courtyard Brewery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,041
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,920,820
$1.9M
Cap Rate 7%
$1,372,014
$1.4M
Cap Rate 9%
$1,067,122
$1.1M
Market Conditions
NOI Build-Up for 15,044 SF
Gross rent
$144.4K $9.60/SF
− Vacancy
−$7.2K −$0.48/SF
EGI
$137.2K $9.12/SF
− OpEx
−$41.2K −$2.74/SF
NOI
$96.0K $6.38/SF
Area
New Orleans, LA
Vacancy
5.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,920,820
Cap Rate 7%
$1,372,014
Cap Rate 9%
$1,067,122
Alternative Uses
Best Use
Mixed Use
$2.90M
$2.54M – $3.38M
NOI $203,094 @ 7.0% cap · market cap 10.28%
Second Best
Retail
$2.65M
$2.32M – $3.10M
NOI $185,763 @ 7.0% cap · market cap 9.41%
Theoretical Best
Office A
$3.82M
$3.35M – $4.46M
NOI $267,658 @ 7.0% cap · market cap 13.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,585
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - HU-MU-zoned buildings combine commercial space, a brewery, and residential and retail units.
Where is this mixed-use property located?
The property is located at 1152 Camp St 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: 15,044‑square‑foot property on a 22,164‑square‑foot site; HU‑MU zoning and nine dedicated surface parking spaces; Rear warehouse includes kitchen, brewing space, and an outdoor area; currently used by Courtyard Brewery
