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Lakeview Retail Investment Opportunity
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525 Harrison Avenue, New Orleans, LA 70124

Fully leased retail property in desirable Lakeview neighborhood.

Property Size3,627 SF
Price / SF$482.49
Days on Market81

Property Features for 525 Harrison Avenue

General Information

Standard status Active
Size 3,627 SF
Property subtype Retail
Listing Agency: L+A Retail
Listed By: Emory Lafaye · License #LA995699793-ACT
Source: Crexi
Added: May 11 Changed: Jul 10 Last Checked: Jul 29 at 12:32PM

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 L+A Retail

Investment Insights

Based on property information with market context.

Located in the Lakeview area, the property at 525 Harrison Avenue presents an investment opportunity. The property is fully leased and situated along Harrison Avenue, a walkable street that features dining, shopping, and neighborhood services. The property is anchored by District Donuts. The property is located in a high-demand submarket and offers income potential supported by the area's demographics and residential growth.

Key Highlights

  • Fully leased investment property providing stable income.
  • Located in the highly desirable Lakeview neighborhood of New Orleans.
  • Benefits from strong visibility on Harrison Avenue.

Property Analytics

Current Use

Varsity Sports Lakeview Clothing & Fashion Store

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom HVAC Service Computer & Electronic Repair Daycare Center 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.

Location Intelligence

Trade Area within ½ mile

349
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Shops & Services 39% Apparel 8%
Starbucks Dining
14,548 visits/mo 0.3 miles
Chase Bank Shops & Services
8,024 visits/mo 0.4 miles
Whitney Bank Shops & Services
2,707 visits/mo 0.3 miles
West Marine Apparel
2,130 visits/mo 0.3 miles

Demographics for 70124, LA

22,777
Population
8,919
Households
2.6
Avg Household Size
37
Median Age
70%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,400
Density / Sq Mi
$121,318
Median Household Income
$66,323
Median Earnings
$1,752
Median Rent
$577,800
Median Home Value

Market

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased retail property in desirable Lakeview neighborhood.
Where is this retail space located?
The property is located at 525 Harrison Avenue New Orleans, LA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Fully leased investment property providing stable income.; Located in the highly desirable Lakeview neighborhood of New Orleans.; Benefits from strong visibility on Harrison Avenue.
(504) 733-1212 Call to check price and availability
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