Neighborhood Bar and Adjacent
1832 SEVENTH Street New Orleans, LA 70115
1832 SEVENTH Street, New Orleans, LA, 70115
$450,000
For Sale
$450,000
Bar with walk-in cooler, office, three bathrooms, and FF&E included, sold together with an adjoining vacant lot.
Property Size2,700 SF
Price / SF$166.67
Days on Market276
Property Features for 1832 SEVENTH Street
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1964
Listing agency
REVE, REALTORS
(504) 352-3303
Listed by
Tracey Moore · License #000073376
(504) 352-3303
Source
Xome
Added: Oct 20, 2025 Updated: Jul 22 at 9:03AM Checked: Jul 22 at 9:03AM
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 REVE, REALTORS
Investment Insights
Based on property information with market context.
This package sale includes an uptown bar and a neighboring vacant lot. The bar features a kitchen with a walk-in cooler, an office, three bathrooms (two for patron use and one for staff), and substantial storage space. There is also space that could be converted into additional usable bar area, along with layout provisions suited to live entertainment, including two potential green rooms adjacent to the performance space.
The sale is being offered as a combined deal and includes the adjacent vacant lot at 3008 Dryades, which is described as providing an additional 1,500 sq ft. The listing notes that zoning should be verified by the purchaser.
FF&E are included with the bar. The property is listed for sale as a single package comprising both parcels.
The sale is being offered as a combined deal and includes the adjacent vacant lot at 3008 Dryades, which is described as providing an additional 1,500 sq ft. The listing notes that zoning should be verified by the purchaser.
FF&E are included with the bar. The property is listed for sale as a single package comprising both parcels.
Key Highlights
- Bar sold as a package deal with adjoining vacant lot at 3008 Dryades
- Includes kitchen with walk‑in cooler, an office, and considerable storage space
- 3 bathrooms total: two for patron use and one for staff
Local Financial Insights For Specialty 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 | $34.3k | $12.72 |
| − Vacancy | −$687 | −$0.25 |
| EGI | $33.7k | $12.47 |
| − OpEx | −$8.4k | −$3.12 |
| NOI | $25.2k | $9.35 |
2,700 SF · lease $12.72/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$360.6K
$315.5K – $420.7K
NOI $25,243 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$712.3K
$623.3K – $831.1K
NOI $49,864 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Uptown Sports Social — 3218 Magazine St #200, New Orleans, LA 70115
- The Bulldog, Uptown — 3236 Magazine St, New Orleans, LA 70115
- Lilette — 3637 Magazine St, New Orleans, LA 70115
- Pete’s Out In the Cold Inc — 701 Sixth St, New Orleans, LA 70115
- Bouligny Tavern — 3641 Magazine St, New Orleans, LA 70115
FAQs
What type of property is this?
Bar & Pub - Bar with walk-in cooler, office, three bathrooms, and FF&E included, sold together with an adjoining vacant lot.
Where is this bar & pub located?
The property is located at 1832 SEVENTH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Bar sold as a package deal with adjoining vacant lot at 3008 Dryades; Includes kitchen with walk‑in cooler, an office, and considerable storage space; 3 bathrooms total: two for patron use and one for staff
