Operating Short-Term Rental with Retail
For Sale
Contact for pricing
1401 Governor Nicholls St, New Orleans, LA 70116
Furnished, operating 4-bedroom short-term rental plus expansive ground-floor retail, office, or restaurant space in white-box condition.
Property SizeContact for details
Days on Market119
Property Features for 1401 Governor Nicholls St
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Business Included
Yes
Listing Agency:
Ben + Burka Commercial Real Estate
(504) 301-1002
Listed By:
Aaron Kazanoff · License #LA 0995700882
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 20 at 9:21PM
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 Ben + Burka Commercial Real Estate
Investment Insights
Based on property information with market context.
1401 Governor Nicholls includes an operating, furnished short-term rental and a vacant, expansive ground-floor commercial space. The upstairs 4-bedroom STR is reported to stay well rented and was recently renovated in excellent condition. The ground floor offers soaring high ceilings and exposed wood trusses, with a historic corner entrance and a private rear room. This level is currently in white-box condition and is suited for retail, office, or restaurant use. The property also has a new roof.
The building is located in Treme, one block from Esplanade, and is described as a short 5-minute walk from the French Quarter. The surrounding area is noted for proximity to restaurants, retailers, historic New Orleans establishments, and French Quarter bars and attractions.
Financial details are available upon request from qualified purchasers.
The building is located in Treme, one block from Esplanade, and is described as a short 5-minute walk from the French Quarter. The surrounding area is noted for proximity to restaurants, retailers, historic New Orleans establishments, and French Quarter bars and attractions.
Financial details are available upon request from qualified purchasers.
Key Highlights
- Furnished, operating short‑term rental with a successful rental history and 4 bedrooms upstairs.
- Upstairs STR recently renovated and in excellent condition.
- Expansive ground‑floor retail, office, or restaurant space currently vacant and in white‑box condition.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,963
Businesses Nearby
Explore this area
Business Placement
Demographics for 70116, LA
10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Furnished, operating 4-bedroom short-term rental plus expansive ground-floor retail, office, or restaurant space in white-box condition.
Where is this short term rental property located?
The property is located at 1401 Governor Nicholls St New Orleans, LA.
What are key features of this property?
This property features: Furnished, operating short‑term rental with a successful rental history and 4 bedrooms upstairs.; Upstairs STR recently renovated and in excellent condition.; Expansive ground‑floor retail, office, or restaurant space currently vacant and in white‑box condition.
