Mixed-Use Investment
For Sale
$2,800,000
5033 FRERET Street, New Orleans, LA 70115
Five-unit mixed-use building with three restaurant spaces, a former bar space, and a fully licensed five-bedroom short-term rental.
Property Size5,720 SF
Days on Market185
Property Features for 5033 FRERET Street
General Information
Standard status
Active
Size
5,720 SF
Building Details
Building Size
5,720 SF
Year Built
1903
Tenancy
Multi
Listing Agency:
Ben & Burka
Listed By:
Aaron Kazanoff · License #0995700882
(504) 301-1002
Source:
Talbot-realty
Added: Mar 6
Changed: Aug 8
Last Checked: Sep 7 at 4:39AM
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 Ben & Burka
Investment Insights
Based on property information with market context.
5033 Freret Street is a five-unit mixed-use property featuring three restaurant spaces, one expansive former owner-operated bar space, and a fully licensed, design-forward five-bedroom commercial short-term rental. The commercial tenants are structured on NNN leases, with the STR and bar operated by the owner.
The building has recently undergone a comprehensive renovation, including structural upgrades, a new façade and roof, and a full upstairs STR buildout with FF&E, interior design, and layout. The property is positioned along the Freret Street corridor in Uptown New Orleans, just steps from multiple national and local favorites including Cava, Chipotle, Starbucks, and Cure bar, with ongoing demand supported by proximity to both Tulane University and Loyola University New Orleans.
The building has recently undergone a comprehensive renovation, including structural upgrades, a new façade and roof, and a full upstairs STR buildout with FF&E, interior design, and layout. The property is positioned along the Freret Street corridor in Uptown New Orleans, just steps from multiple national and local favorites including Cava, Chipotle, Starbucks, and Cure bar, with ongoing demand supported by proximity to both Tulane University and Loyola University New Orleans.
Key Highlights
- 1903‑built five‑unit mixed‑use building on Freret Street with three restaurant spaces and two bar/STR uses
- Commercial tenants on NNN leases; STR and bar are owner‑operated
- Fully licensed five‑bedroom commercial short‑term rental with complete upstairs buildout and design‑forward layout
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,612
Businesses Nearby
Explore this area
Business Placement
Demographics for 70115, LA
31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Five-unit mixed-use building with three restaurant spaces, a former bar space, and a fully licensed five-bedroom short-term rental.
Where is this mixed-use property located?
The property is located at 5033 FRERET Street New Orleans, LA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 1903‑built five‑unit mixed‑use building on Freret Street with three restaurant spaces and two bar/STR uses; Commercial tenants on NNN leases; STR and bar are owner‑operated; Fully licensed five‑bedroom commercial short‑term rental with complete upstairs buildout and design‑forward layout
