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Renovated Mixed-Use Property
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1935 Louisiana Avenue, New Orleans, LA 70126

Four-unit configuration combines street-level commercial suites with an upstairs residence and flexible HU-MU zoning.

Space Size6,076 SF
Days on Market50

Property Features for 1935 Louisiana Avenue

General Information

Standard status Active
Size 6,076 SF
Property subtype RETAIL
Zoning HU-MU
Lease Type Gross

Spaces For Lease

at 1935 Louisiana Avenue
1935 Louisiana Ave $20/SF/Yr
Floor Bldg
Size 6,076 SF
Type RETAIL
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
- 3 ground-floor commercial suites with a second-floor residential unit; 3/4 units for lease - New roof and completed interior renovation - In-place income with additional lease-up opportunity - HU-MU zoning allowing broad mixed-use flexibility
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Listing Agency: Elifin Realty
Listed By: Brady Becker · License #9006927
Source: Moodyscre
Added: Aug 19 Changed: Oct 6 Last Checked: Oct 5 at 6:20PM

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 Elifin Realty

Investment Insights

Based on property information with market context.

This 6,076-square-foot mixed-use property contains three commercial suites at ground level and one residential unit on the second floor. Three of the four units are available for lease, creating a combination of existing occupancy and leasing availability. The property has a new roof and completed interior renovations.

HU-MU zoning supports a broad range of mixed-use applications. The building’s configuration places commercial space and residential space within the same asset, with the available suites offering flexibility for future occupancy.

Key Highlights

  • 6,076‑square‑foot mixed‑use property
  • Three ground‑floor commercial suites plus one second‑floor residential unit
  • Three of four units available for lease

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Electrical Service Building Supply Accounting Firm

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,798
Businesses Nearby
303k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 39% Apparel 17% Electronics 4%
Five Below Shops & Services
31,545 visits/mo 0.1 miles
Michaels Shops & Services
27,590 visits/mo 0.1 miles
Ross Dress for Less Apparel
26,519 visits/mo 0.2 miles
McDonald's Dining
22,071 visits/mo 0.1 miles
Raising Cane's Chicken Fingers Dining
22,034 visits/mo 0.1 miles

Demographics for 70126, LA

30,397
Population
12,686
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
87%
High-School Grad
12.1 sq mi
ZIP Area
2,512
Density / Sq Mi
$38,229
Median Household Income
$29,510
Median Earnings
$1,118
Median Rent
$187,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Orleans, LA

$28.73 /SF/Yr
Avg Asking Price
$9.87–$50.06 /SF/Yr
Price Range
41,697 SF
Avg Space Size

This space is priced 30% below the average of $28.73 /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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-unit configuration combines street-level commercial suites with an upstairs residence and flexible HU-MU zoning.
Where is this mixed-use property located?
The property is located at 1935 Louisiana Avenue New Orleans, LA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 6,076‑square‑foot mixed‑use property; Three ground‑floor commercial suites plus one second‑floor residential unit; Three of four units available for lease
(985) 703-1140 Call to check price and availability
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