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Mixed-Use Investment Property

5033 FRERET Street New Orleans, LA 70115

5033 FRERET Street, New Orleans, LA, 70115
$2,800,000
For Sale
$2,800,000

Five-unit mixed-use building with three restaurant spaces, a former bar space, and a fully licensed five-bedroom short-term rental.

Days on Market139

Property Features for 5033 FRERET Street

General Information

Standard status
Active

Building Details

Year Built
1903
Listing agency Ben & Burka
Listed by Aaron Kazanoff · License #0995700882
Source Talbot-realty
Added: Mar 6 Updated: Jul 22 at 6:55PM Checked: Jul 22 at 6:55PM

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.

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

Location Intelligence

Current Use by Public Records

Beauty Lab LLC Hair Salon Iacovone Kitchen Restaurant

Suggested Use

Nail Salon Hair Salon Spa & Massage Center Parking Lot & Garage Food Market Building Supply Kitchen & Bath Showroom Law Firm Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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