Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Storefront Space Title is generated by Realmo AI

    206 W Harrison Ave, New Orleans, LA 70124

    View on Map
    Claim this Listing
    New
    For Lease
    Contact for pricing

    Storefront retail along a busy Harrison Avenue corridor with strong visibility and convenient access to I-10.

    Type:Retail, Restaurant
    Added:
    Jun 2, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 5:07 am

    Property Features for 206 W Harrison Ave

    General Information

    Standard status
    Active
    Property subtype
    Retail, Restaurant

    Spaces For Lease

    at 206 W Harrison Ave Contact us

    We can help!

    Listing Contact
    Paul G Richard

    Listing agent Paul G Richard License #LA

    Listing office NAI Rampart

    Listing date Jun 2, 2026

    Source Crexi

    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 NAI Rampart

    HighLights

    • Retail storefront along Lakeview’s active Harrison Avenue retail corridor.
    • Convenient access to I‑10 between Pontchartrain Boulevard and Fleur De Lis Drive.
    • Strong visibility along a busy Harrison Avenue corridor.
    • Surrounded by popular nearby restaurants including Rizzo’s, The Backyard, The Basin, and Pizza Domenica.

    Overview

    206 W Harrison Avenue is a retail storefront space positioned along Lakeview’s active Harrison Avenue retail corridor. The offering emphasizes visibility supported by surrounding residential density and direct accessibility to major-area traffic routes.

    The property’s location provides convenient access to I-10 between Pontchartrain Boulevard and Fleur De Lis Drive. It is surrounded by a cluster of popular neighborhood dining options, including Rizzo’s, The Backyard, The Basin, and Pizza Domenica, supporting a consistent day-to-day flow of foot traffic.

    This space is well-suited for retail or service users looking to establish or expand a Lakeview presence. With its storefront format and prominent placement along a working retail corridor, the location is designed for tenants that benefit from walk-in traffic and easy regional access.
    Location Intelligence

    Current Use by Public Records

    Gulf Breeze Cabinets Hardware & Home Improvement Fantasy Nail Salon Nail Salon Adams Appraisals Real Estate Agency The Crazy Italian Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Federico's Family Florist — 815 focis st, metairie, la 70005
    • Bee's Wedding & Event Design — 608 papworth ave, metairie, la 70005
    • Bee's Wedding and Event Designs — 608 Papworth Ave, Metairie, LA 70005
    • Winn Dixie — metairie, la 70005

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1175999
    Latitude
    30.0055724

    Nearby Similar for Lease

    • $1,900/Mo
      1,131 SF

      Historic Streetfront Retail Space

      Historic Magazine Street storefront with large display windows and adaptable interior for retail, showroom, or creative office use.
      3528 MAGAZINE Street, New Orleans, LA 70115
      View Details
    • $2,895/Mo
      1,185 SF

      Prime Commercial Space, Central Business District

      Ground-floor commercial space in a high-traffic New Orleans location.
      127 CAMP Street, New Orleans, LA 70130
      View Details
    • $1,800/Mo
      1,595 SF

      First-Floor Open Retail Suite

      First-floor suite in a provincial office building, with open layout, one bathroom, and small kitchen.
      3439 KABEL Drive, New Orleans, LA 70131
      View Details
    • $4,000/Mo
      4,000 SF

      Versatile Commercial Space, New Orleans East

      Adaptable commercial space with frontage and accessibility on Bullard Avenue.
      4949 BULLARD Avenue, New Orleans, LA 70128
      View Details
    • $7,000/Mo
      8,000 SF

      Versatile Warehouse/Flex Space Available

      8,000 SF warehouse/flex space with customization potential.
      4949 BULLARD Avenue, New Orleans, LA 70128
      View Details
    • $5,000/Mo
      2,039 SF

      MU-1 Flex Building with Parking

      MU-1 zoned building on a 50' x 100' parcel with a side driveway for off-street parking and a flexible two-level interior.
      3958-60 TCHOUPITOULAS Street, New Orleans, LA 70115
      View Details
    • $6,500/Mo
      4,500 SF

      Prime Retail Space in CBD

      4500 SqFt retail space in the heart of New Orleans.
      124 BARONNE Street, New Orleans, LA 70112
      View Details
    • $5,000/Mo
      2,524 SF

      Gross-Lease Office Suites

      Office suites with a flexible layout available on a gross lease basis for professional and creative users.
      728-30 NASHVILLE Avenue, New Orleans, LA 70115
      View Details
    • $2,550/Mo
      490 SF

      High-End Office Suite in New Orleans

      Designer office suite for rent in the Lower Garden District.
      1811 HASTINGS Place, New Orleans, LA 70130
      View Details
    • $5,000/Mo
      2,868 SF

      Renovated Corner Building Retail/Office Space

      Spacious ground floor unit in Uptown Arts District.
      3901 BARONNE Street, New Orleans, LA 70115
      View Details
    • $1,850/Mo
      1,572 SF

      Canal Street Office Suite

      First-floor office suite in Mid-City New Orleans.
      3300 CANAL Street, New Orleans, LA 70119
      View Details
    • $950/Mo
      672 SF

      Historic Bywater Office Space Available

      Furnished office in historic building, utilities included, walkable location.
      3726 SAINT CLAUDE Avenue, New Orleans, LA 70117
      View Details

    FAQs

    What type of property is this?
    Storefront property - Storefront retail along a busy Harrison Avenue corridor with strong visibility and convenient access to I-10.
    Where is this storefront property located?
    The property is located at 206 W Harrison Ave New Orleans, LA.
    What are key features of this property?
    This property features: Retail storefront along Lakeview’s active Harrison Avenue retail corridor.; Convenient access to I‑10 between Pontchartrain Boulevard and Fleur De Lis Drive.; Strong visibility along a busy Harrison Avenue corridor.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Paul G Richard
    Real Estate License ID: LA
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    206 W Harrison Ave, New Orleans, LA 70124
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!