Neighborhood Bar and Vacant
1832 SEVENTH Street New Orleans, LA 70115
New
1832 SEVENTH Street, New Orleans, LA, 70115
$425,000
For Sale
$425,000
COMMERCIAL - New Orleans, LA
Property Size2,700 SF
Price / SF$157.41
Days on Market1
Property Features for 1832 SEVENTH Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HU-RD2
- Standard status
- Active
- APN
- 412200601
- Size
- 2,700 SF
Taxes and HOA fees
- Tax Description
- SQ 256 LOT 1 SEVENTH ST AND DRYADES 60X50 = 3000 SQ FT FILE #16954, SQ 256 LOT C DRYADES ST 25X60 = 1500 SQ FT LAND ONLY P-B22104 08/03/94 FILE #18137
Utilities
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
Listing agency
REVE, REALTORS
(504) 300-0700
Listed by
Tracey Moore · License #000073376
(504) 300-0700
Added: Jul 22 Checked: Jul 22 at 11:06PM
MLS# 2568673
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property consists of an Uptown bar and an adjoining vacant lot sold together as a package deal. The bar includes a kitchen with a walk-in cooler, an office, and three bathrooms, with two for patron use and one for staff. There is also considerable storage space, including one area that could be converted into usable bar space. The layout is designed to support live music, with two potential green rooms, one immediately adjacent to the performance space. FF&E are included with the sale.
The sale also includes the neighboring vacant lot at 3008 Dryades, offering additional space. Zoning is HU-RD2, and zoning details are to be verified by the purchaser.
The sale also includes the neighboring vacant lot at 3008 Dryades, offering additional space. Zoning is HU-RD2, and zoning details are to be verified by the purchaser.
Key Highlights
- Uptown bar built in 1964 with public water service
- Bar layout includes kitchen with walk‑in cooler, office, 3 bathrooms (2 for patrons, 1 for staff), and substantial storage
- Includes FF&E and kitchen/cooler components, with storage that can be converted into additional bar space
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 5.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$712.3K
$623.3K – $831.1K
NOI $49,864 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
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 kitchen, walk-in cooler, office, three bathrooms, and adjoining vacant lot included in the sale package.
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 $425,000.
What are key features of this property?
This property features: Uptown bar built in 1964 with public water service; Bar layout includes kitchen with walk‑in cooler, office, 3 bathrooms (2 for patrons, 1 for staff), and substantial storage; Includes FF&E and kitchen/cooler components, with storage that can be converted into additional bar space
