Operating Salon For
3030 Halsey Avenue New Orleans, LA 70114
3030 Halsey Avenue, New Orleans, LA, 70114
$275,000
For Sale
$275,000
Salon business and real estate available near General de Gaulle.
Property Size1,713 SF
Price / SF$160.54
Days on Market238
Property Features for 3030 Halsey Avenue
General Information
- Standard status
- Active
- Size
- 1,713 SF
- Property subtype
- Retail
Listing Agency
(504) 957-5759
Listed by
Paul Richard · License #LA SALE.0000014602-ACT
(504) 957-5759
Source
Naiglobal
Added: Nov 21, 2025 Checked: Jul 15 at 12:45 pm
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 Paul Richard
Investment Insights
Based on property information with market context.
The property at 3030 Halsey Avenue, New Orleans, has operated as a salon for over 23 years. The building, containing approximately 1,713 square feet, features an open space floor plan that can be converted to professional offices or remain in use as a salon. If purchased as a salon, the offering includes the real estate, salon business, trade name, and all furniture, fixtures, and equipment. The building is also available for lease. The property is in excellent condition, with the roof having been replaced within the last three years. There are 12 devoted parking spaces on site, plus one handicap space. The location is easily accessible to Mac Arthur Boulevard, General DeGaulle Drive, and is five minutes from the Crescent City Connection. Located right off of General de Gaulle Drive, the location benefits from a traffic volume of 74,718 vehicles per day.
Key Highlights
- Established salon business included in sale (real estate, trade name, furniture, fixtures, and equipment)
- Easily convertible ±1,713 SF building suitable for salon, professional offices, or other uses
- Excellent condition, including a roof replaced within the last three years
Local Financial Insights For Retail
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 | $30.8k | $18.00 |
| − Vacancy | −$617 | −$0.36 |
| EGI | $30.2k | $17.64 |
| − OpEx | −$9.1k | −$5.29 |
| NOI | $21.2k | $12.35 |
1,713 SF · lease $18.00/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$302.2K
$264.4K – $352.5K
NOI $21,152 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$435.4K
$381.0K – $508.0K
NOI $30,477 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
George & Co
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Salon business and real estate available near General de Gaulle.
Where is this retail space located?
The property is located at 3030 Halsey Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Established salon business included in sale (real estate, trade name, furniture, fixtures, and equipment); Easily convertible ±1,713 SF building suitable for salon, professional offices, or other uses; Excellent condition, including a roof replaced within the last three years
