Mixed-Use French Quarter
513 CONTI Street New Orleans, LA 70130
513 CONTI Street, New Orleans, LA, 70130
$2,042,500
For Sale
$2,042,500
Historic mixed-use building with one ground-floor commercial space and four upper-level residential units.
Property Size5,040 SF
Price / SF$405.26
Days on Market230
Property Features for 513 CONTI Street
General Information
- Standard status
- Active
- Size
- 5,040 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1822
Listing agency
Bridgewater Realty Advisors, LLC
(504) 298-8631
Listed by
Mason McCullough · License #995714063
(504) 298-8631
Source
Xome
Added: Dec 4, 2025 Updated: Jul 22 at 11:40AM Checked: Jul 22 at 11:40AM
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 Bridgewater Realty Advisors, LLC
Investment Insights
Based on property information with market context.
513 Conti Street is a beautifully maintained historic French Quarter mixed-use property offering 5,040 square feet of space. The building’s layout includes one ground-floor commercial space and four upper-level residential units, providing a versatile setup for combined commercial and residential income.
The property is located on Conti Street, just steps from Bourbon and Royal, placing it within a high-pedestrian area that supports year-round foot traffic.
For buyers seeking a stabilized, income-producing asset, the combination of street-level commercial frontage and multiple residential units supports a practical live-and-work operating model within the French Quarter.
The property is located on Conti Street, just steps from Bourbon and Royal, placing it within a high-pedestrian area that supports year-round foot traffic.
For buyers seeking a stabilized, income-producing asset, the combination of street-level commercial frontage and multiple residential units supports a practical live-and-work operating model within the French Quarter.
Key Highlights
- 5,040 SF historic mixed‑use building in the French Quarter
- Includes 1 ground‑floor commercial space plus 4 upper‑level residential units
- Year built: 1822
Local Financial Insights For Mixed Use
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 | $121.0k | $24.00 |
| − Vacancy | −$12.1k | −$2.40 |
| EGI | $108.9k | $21.60 |
| − OpEx | −$40.8k | −$8.10 |
| NOI | $68.0k | $13.50 |
5,040 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$972.0K
$850.5K – $1.13M
NOI $68,040 @ 7.0% cap · market cap 3.33%
Second Best
Multifamily LT 5
$911.7K
$797.7K – $1.06M
NOI $63,819 @ 7.0% cap · market cap 3.12%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,670 @ 7.0% cap · market cap 4.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Historic mixed-use building with one ground-floor commercial space and four upper-level residential units.
Where is this quadplex located?
The property is located at 513 CONTI Street New Orleans, LA.
What is the asking price?
The asking price for this property is $2,042,500.
What are key features of this property?
This property features: 5,040 SF historic mixed‑use building in the French Quarter; Includes 1 ground‑floor commercial space plus 4 upper‑level residential units; Year built: 1822
