Warehouse Conversion Office Flex
422 NOTRE DAME Street New Orleans, LA 70130
For Sale
$599,000
Pending
COMMERCIAL - New Orleans, LA
Property Size1,740 SF
Days on Market320
Property Features for 422 NOTRE DAME Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CBD-6
Parking features
Off Street
Standard status
Pending
APN
103102340
Size
1,740 SF
Taxes and HOA fees
Tax Description
SQ 124 LOT P UNIT-1
Utilities
Water source
Public
Building Details
Year built
1921
Floors in Building
1
Listing Agency:
eXp Realty, LLC
(337) 522-7554
Listed By:
Adrienne LaBauve
(337) 522-7554
Added: Sep 11, 2025
Changed: Jul 9
Last Checked: Jul 27 at 9:06AM
MLS# 2519471
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 warehouse conversion offers flexible office and event-ready use with an open floor plan. Interior features include exposed beams, vintage glass block accents, and wainscoting, along with exposed piping and original brickwork. The space also includes a kitchen with custom cabinetry, a subway tile backsplash, and stainless steel appliances, plus two full bathrooms, one with double vanities and a walk-in glass shower.
Located in New Orleans in the CBD-6 zoning district, the property is positioned in the Warehouse District area, with proximity described to the Convention Center and Riverwalk Mall.
The layout includes multiple entrances and one off-street parking spot, supporting a range of on-site configurations for business or client-facing use within the existing flexible space.
Located in New Orleans in the CBD-6 zoning district, the property is positioned in the Warehouse District area, with proximity described to the Convention Center and Riverwalk Mall.
The layout includes multiple entrances and one off-street parking spot, supporting a range of on-site configurations for business or client-facing use within the existing flexible space.
Key Highlights
- Prime location in the highly desirable Warehouse District, near the Convention Center and Riverwalk Mall.
- Flexible layout suitable for retail, office, or mixed‑use applications (CBD‑6 zoning).
- Unique warehouse conversion with exposed beams, vintage glass block, and original industrial details.
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 | $39.7k | $22.80 |
| − Vacancy | −$5.5k | −$3.15 |
| EGI | $34.2k | $19.65 |
| − OpEx | −$8.5k | −$4.91 |
| NOI | $25.6k | $14.74 |
1,740 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$366.4K
$320.6K – $427.5K
NOI $25,648 @ 7.0% cap · market cap 4.28%
Second Best
Flex RnD
$235.7K
$206.2K – $275.0K
NOI $16,497 @ 7.0% cap · market cap 2.75%
Theoretical Best
Office A
$442.3K
$387.0K – $516.0K
NOI $30,958 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
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- Queen on Wheels Foodtruck and Catering — 1021 Convention Center Blvd, New Orleans, LA 70130
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with exposed beams, vintage glass block accents, and two full bathrooms in a CBD-6 location.
Where is this flex space located?
The property is located at 422 NOTRE DAME Street New Orleans, LA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Prime location in the highly desirable Warehouse District, near the Convention Center and Riverwalk Mall.; Flexible layout suitable for retail, office, or mixed‑use applications (CBD‑6 zoning).; Unique warehouse conversion with exposed beams, vintage glass block, and original industrial details.
