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Ground-Floor Retail Space
For Lease
$6,500/Mo

124 BARONNE Street, New Orleans, LA 70112

Commercial Lease, New Orleans, LA

Space Size4,500 SF
Days on Market153

Property Features for 124 BARONNE Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning CBD-2
Standard status Active
APN 124-BARONNEST
Size 4,500 SF

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Multi Units
Water source Public

Amenities

security upgrades

Building Details

Year built 1920
Floors in Building 5
Building materials Stucco
Listing Agency: NOLA Real Estate 4-U, LLC
Listed By: Carl A LaRosa · License #995682150
Added: May 26 Changed: Oct 23 Last Checked: Oct 25 at 10:06AM
MLS# 2559853

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

A 4,500-square-foot retail suite occupies the ground level of a historic building constructed in 1920. The interior combines a large retail area with three offices and three restrooms. Security improvements remain from its prior use as a jewelry store. Central heating and central air conditioning serve the space, and natural gas is available.

The property is across from the Roosevelt Hotel and a short walk from Canal Street in New Orleans’ CBD. It carries CBD-2 zoning, and the lease term is negotiable.

Key Highlights

  • 4,500 square feet on the building’s ground floor
  • Three offices and three restrooms
  • CBD‑2 zoning

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Home Appliance Store HVAC Service (Bike/Boat/Book/etc) Store Nursing Home Locksmith Butcher

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

Lease Details

NNN (Triple Net)
Lease Type
$2.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

11,352
Businesses Nearby
478k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 61% Groceries 19% Dining 10% Shops & Services 7%
The Ritz-Carlton, New Orleans Hotels & Casinos
59,768 visits/mo 0.1 miles
Rouses Market Groceries
49,050 visits/mo 0.5 miles
Rouses Market Groceries
35,073 visits/mo 0.5 miles
Chevron Shops & Services
23,516 visits/mo 0.4 miles
Holiday Inn New Orleans-Downtown Superdome Hotels & Casinos
20,500 visits/mo 0.3 miles

Demographics for 70112, LA

4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
Median Home Value
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Market

Lease Benchmarks for New Orleans, LA

$26.05 /SF/Yr
Avg Asking Price
$5.5–$112 /SF/Yr
Price Range
22,337 SF
Avg Space Size

This space is priced 33% below the average of $26.05 /SF/Yr.

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - CBD-2 zoning allows a range of business uses in a downtown setting.
Where is this retail space located?
The property is located at 124 BARONNE Street New Orleans, LA.
What is the lease rate?
The lease rate is $6,500/Mo.
What are key features of this property?
This property features: 4,500 square feet on the building’s ground floor; Three offices and three restrooms; CBD‑2 zoning
More about this property
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