Retail Storefront
4011 ST CLAUDE Avenue New Orleans, LA 70117
New
4011 ST CLAUDE Avenue, New Orleans, LA, 70117
$299,000
For Sale
$299,000
COMMERCIAL - New Orleans, LA
Property Size1,858 SF
Price / SF$160.93
Days on Market5
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 Agency
Keller Williams Realty New Orleans
(504) 862-0100
8601 Leake Ave., New Orleans, LA
Listed by
James Howell · License #000033645
(504) 862-0100
Added: Jul 13 Checked: Jul 17 at 10:06 am
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.
Commercial retail storefront building positioned along the Historic St. Claude Avenue corridor. The property is zoned HMC-2 (Historic Marigny/Treme/Bywater Commercial District), a commercial district intended to accommodate more intensive uses along major transportation corridors while preserving the area’s historic character.
The current owner has historically generated approximately $3,500 per month by leasing the spaces separately. The building also features an original mural depicting Mardi Gras Indian Queen Tahj, adding distinctive street presence.
For sale as an income-oriented asset with flexibility for an owner-occupant looking to reduce monthly rental expenses, the property can support a range of commercial concepts consistent with its retail storefront format.
The current owner has historically generated approximately $3,500 per month by leasing the spaces separately. The building also features an original mural depicting Mardi Gras Indian Queen Tahj, adding distinctive street presence.
For sale as an income-oriented asset with flexibility for an owner-occupant looking to reduce monthly rental expenses, the property can support a range of commercial concepts consistent with its retail storefront format.
Key Highlights
- 1936‑built commercial property with public water service
- Located along the Historic St. Claude Avenue corridor with heavy daily traffic
- Zoned HMC‑2 (Historic Marigny/Treme/Bywater Commercial District)
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
NOI $27,387 @ 7.0% cap · market cap 9.16%
Second Best
Specialty Retail
$374.6K
$327.8K – $437.0K
NOI $26,220 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$472.2K
$413.2K – $551.0K
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
Similar For Sale Nearby
Similar Off Market Nearby
- Blucid Floral — 5113 St Claude Ave, New Orleans, LA 70117
- Say it with flowers — 1319 Lesseps St, New Orleans, LA 70117
FAQs
What type of property is this?
Storefront property - Versatile retail storefront building with HMC-2 zoning along Historic St. Claude Avenue.
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: 1936‑built commercial property with public water service; Located along the Historic St. Claude Avenue corridor with heavy daily traffic; Zoned HMC‑2 (Historic Marigny/Treme/Bywater Commercial District)
