Mixed-Use French Quarter
410 Dauphine Street New Orleans, LA 70112
For Sale
$1,300,000
Gated mixed-use building with five residential units and a ground-floor commercial space currently available for lease.
Property Size4,337 SF
Price / SF$299.75
Days on Market203
Property Features for 410 Dauphine Street
General Information
- Standard status
- Active
- Size
- 4,337 SF
- Property subtype
- MULTI FAMILY FOR SALE / Townhouse
Building Details
- Year Built
- 1963
Listing Agency:
Bridgewater Realty Advisors, LLC
(504) 535-5680
Listed By:
Cameron Griffin · License #995696437
(504) 535-5680
Source:
Compass
Added: Jan 1
Changed: Jul 23
Last Checked: Jul 23 at 12:04PM
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 Bridgewater Realty Advisors, LLC
Investment Insights
Based on property information with market context.
This mixed-use property features five residential units and approximately 792 square feet of ground-floor commercial space, with the commercial unit currently vacant and available for lease. The residential mix includes three one-bedroom/one-bath units and two two-bedroom/one-bath units. Exterior and common features include classic wrought-iron wraparound balconies, a private side entrance to a French Quarter courtyard, and a landscaped courtyard with a fountain. There is also a rear carriage house with a balcony overlooking the courtyard.
The property is located in the French Quarter, one block off Bourbon Street and directly across from the Dauphine Orleans Hotel. The setting is described as gated and provides access to the courtyard through the private side entrance.
With its combination of in-place residential units and an available ground-floor storefront, the property offers a mixed-use configuration suitable for an operator seeking both rental housing and an active commercial presence at street level.
The property is located in the French Quarter, one block off Bourbon Street and directly across from the Dauphine Orleans Hotel. The setting is described as gated and provides access to the courtyard through the private side entrance.
With its combination of in-place residential units and an available ground-floor storefront, the property offers a mixed-use configuration suitable for an operator seeking both rental housing and an active commercial presence at street level.
Key Highlights
- Gated mixed‑use building with 5 residential units plus approx. 792 SF of ground‑floor commercial space currently available for lease
- Residential unit mix: three 1BD/1BA units and two 2BD/1BA units
- Commercial space assumed at $4,000/month gross rent; currently vacant and available for lease
Financial Insights For 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 | $78.1k | $18.00 |
| − Vacancy | −$1.6k | −$0.36 |
| EGI | $76.5k | $17.64 |
| − OpEx | −$23.0k | −$5.29 |
| NOI | $53.6k | $12.35 |
4,337 SF · lease $18.00/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$765.0K
$669.4K – $892.6K
NOI $53,553 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$721.1K
$631.0K – $841.3K
NOI $50,478 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$1.10M
$964.5K – $1.29M
NOI $77,163 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dauphine Street Books
(Bike/Boat/Book/etc) Store
Nightly Spirits - Ghost ...
Tour Operator
FAQs
What type of property is this?
Apartment building - Gated mixed-use building with five residential units and a ground-floor commercial space currently available for lease.
Where is this apartment building located?
The property is located at 410 Dauphine Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Gated mixed‑use building with 5 residential units plus approx. 792 SF of ground‑floor commercial space currently available for lease; Residential unit mix: three 1BD/1BA units and two 2BD/1BA units; Commercial space assumed at $4,000/month gross rent; currently vacant and available for lease
