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Five-Bedroom Short-Term Rental Building

5033 Freret St, New Orleans, LA 70115

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Mixed-use property with five total units, including three restaurant spaces and a fully licensed five-bedroom commercial short-term rental.

Property Size5,720 SF
Price / SF$489.51
Days on Market244

Property Features for 5033 Freret St

General Information

Standard status Active
Size 5,720 SF
Property subtype RETAIL

Site & Location

Neighborhood Freret

Building Details

Tenancy Multi
Listing Agency: ben + burka
Listed By: Aaron Kazanoff · License LA #0995700882
Source: Moodyscre
Added: Mar 16 Changed: Nov 11 Last Checked: Nov 12 at 4:37AM

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

Rey
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Investment Insights

Based on property information with market context.

5033 Freret Street is a mixed-use investment property with five total units, including three restaurant spaces, one expansive former owner-operated bar space, and a fully licensed five-bedroom commercial short-term rental. The commercial tenants operate on NNN leases, while the short-term rental and the bar are owner-operated.

The building was recently renovated with structural upgrades, a new facade and roof, and a complete buildout of the upstairs short-term rental. That upstairs renovation includes all FF&E, interior design, and the interior layout for the five-bedroom offering.

At 5,720 square feet, the property combines multiple commercial restaurant spaces with an owner-operated, licensed short-term rental configuration within the same building.

Key Highlights

  • 5,720 square feet mixed‑use building
  • Five total units: three restaurant spaces plus an owner‑operated bar
  • Fully licensed five‑bedroom commercial short‑term rental

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Beauty Lab LLC Hair Salon Iacovone Kitchen Restaurant

Suggested Use

Top Pick Nail Salon Hair Salon Spa & Massage Center Parking Lot & Garage Food Market Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,612
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Short term rental properties in New Orleans, LA

$254 Jul
$284 Aug
$335 Sep
$326 Oct

Properties on Market for Short term rental properties in New Orleans

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Mixed-use property with five total units, including three restaurant spaces and a fully licensed five-bedroom commercial short-term rental.
Where is this short term rental property located?
The property is located at 5033 Freret St 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: 5,720 square feet mixed‑use building; Five total units: three restaurant spaces plus an owner‑operated bar; Fully licensed five‑bedroom commercial short‑term rental
(512) 799-3069 · Office Call to check price and availability
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