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    Retail and Office Building with Mural

    4011 ST CLAUDE Avenue New Orleans, LA 70117

    New
    4011 ST CLAUDE Avenue, New Orleans, LA, 70117
    $299,000
    For Sale
    Claim this Listing
    $299,000

    COMMERCIAL - New Orleans, LA

    Property Size1,858 SF
    Price / SF$160.93
    AddedJul 13
    Days on Market2
    Last RefreshJul 14 at 5:06 pm

    Property Features for 4011 ST CLAUDE Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    HMC-2
    Standard status
    Active
    APN
    4011-STCLAUDEAV
    Size
    1,858 SF

    Taxes and HOA fees

    Tax Description
    1. SQ 411 LOT 3 2. 29X117 3. 4011-11HF ST CLAUDE AVE

    Utilities

    Water source
    Public

    Building Details

    Year built
    1936
    Floors in Building
    1

    Listing agent James Howell License #000033645

    Listing office Keller Williams Realty New Orleans 8601 Leake Ave., New Orleans, LA

    Listing date Jul 13, 2026

    MLS# 2561794

    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 retail and office building includes multiple spaces configured for separate leasing. The exterior features an original mural of Mardi Gras Indian Queen Tahj, providing a distinctive street-facing element. The property is zoned HMC-2 (Historic Marigny/Treme/Bywater Commercial District).

    Located on Historic St. Claude Avenue in New Orleans, the HMC-2 district is described as supporting more intensive commercial uses along major transportation corridors while preserving historic character. The current owner has historically generated approximately $3,500 per month by leasing the spaces separately, offering income potential for investors and flexibility for an owner-occupant.

    Key Highlights

    • Commercial property built in 1936 with public water service
    • Located on the Historic St. Claude Avenue corridor in a district with heavy daily traffic
    • Zoned HMC‑2 (Historic Marigny/Treme/Bywater Commercial District) for more intensive commercial uses along major transportation corridors

    Local Financial Insights For Office B

    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 $42.4k $22.80
    − Vacancy −$5.8k −$3.15
    EGI $36.5k $19.65
    − OpEx −$9.1k −$4.91
    NOI $27.4k $14.74
    1,858 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $391.2K
    $342.3K – $456.5K (±1% cap)
    NOI $27,387 @ 7.0% cap · market cap 9.16%
    Second Best
    Retail
    $327.8K
    $286.8K – $382.4K (±1% cap)
    NOI $22,943 @ 7.0% cap · market cap 7.67%
    Theoretical Best
    Office A
    $472.2K
    $413.2K – $551.0K (±1% cap)
    NOI $33,057 @ 7.0% cap · market cap 11.06%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Law Firm Skin Care Clinic Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store Electrical Service Parking Lot & Garage Acupuncture Home Appliance Store (Bike/Boat/Book/etc) Store

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

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    FAQs

    What type of property is this?
    Storefront property - Zoned HMC-2 and featuring an original Mardi Gras Indian Queen mural, the property is arranged for separate leasing.
    Where is this storefront property located?
    The property is located at 4011 ST CLAUDE Avenue New Orleans, LA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Commercial property built in 1936 with public water service; Located on the Historic St. Claude Avenue corridor in a district with heavy daily traffic; Zoned HMC‑2 (Historic Marigny/Treme/Bywater Commercial District) for more intensive commercial uses along major transportation corridors
    Contact an agent
    (504) 862-0100
    We can help!
    Contact an agent
    James Howell
    Real Estate License ID: 000033645
    Learn More
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