4705 IBERVILLE Street, New Orleans, LA 70119
- Added:
- May 14, 2026
- Days on Market:
- 33
- Last Refresh:
- Jun 15 at 8:06 am
Property Features for 4705 IBERVILLE Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HU-RD2
- Standard status
- Active
- APN
- 206210302
- Size
- 2,309 SF
Taxes and HOA fees
- Tax Description
- SQ 611 LOT 2 IBERVILLE 31X120 4705-07 IBERVILLE ST
Utilities
- Water source
- Public
Building Details
- Year built
- 1908
- Floors in Building
- 1
Listing agent Aaron Dare License #995681183 (504) 899-8666
Listing office Crane Realtors 138 N Cortez Street, New Orleans, LA (504) 210-2014
Listing date May 14, 2026
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.
HighLights
- Mixed‑use building offering a commercial unit and residential space.
- Prime Mid‑City location, just one block from Canal Street.
- Quick access to I‑10, dining, shopping, and streetcar lines.
- Commercial unit features an open layout, high ceilings, and new luxury vinyl plank flooring.
- Residential unit: 2 bedrooms, 1 bathroom, with refinished original hardwood floors.
- Versatile design for live/work or separate leasing options.
Overview
Located in the heart of Mid-City, the building is one block off Canal Street. It offers quick access to I-10 and is positioned near dining and shopping, with the streetcar line along the Canal, Carrollton, and Bienville corridors.
This setup is well suited for an owner-operator or investor seeking flexibility, since the commercial storefront and residential unit can be used together or leased separately to multiple tenants. The commercial space’s storefront configuration and updates can help support neighborhood-facing businesses, while the residential layout provides a straightforward option for long-term rental housing.
Local 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 | $53.2k | $23.04 |
| − Vacancy | −$1.1k | −$0.46 |
| EGI | $52.1k | $22.58 |
| − OpEx | −$15.6k | −$6.77 |
| NOI | $36.5k | $15.81 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.1060455
- Latitude
- 29.9799944
