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Commercial Redevelopment Property
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530 Louisa St, New Orleans, LA 70117

Gutted corner property with one leased office/woodworking suite, over 9,000 SF of improvements, and gated off-street parking.

Property SizeContact for details
Days on Market150

Property Features for 530 Louisa St

General Information

Standard status Active
Property subtype Hospitality, Mixed Use, Multifamily, Office, Retail
Zoning HM-MU

Amenities

gated off-street parking
riverfront views
Listing Agency: Ben + Burka Commercial Real Estate
Listed By: Aaron Kazanoff · License #LA 0995700882
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Jul 23 at 10:20AM

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 Commercial Real Estate

Investment Insights

Based on property information with market context.

Situated on a corner lot, this commercial redevelopment property is currently gutted with the exception of one suite that is leased as office and woodworking space. The site includes over 9,000 SF of improvements and is positioned for redevelopment.

The property sits at the corner of Louisa and Chartres Streets, steps from Crescent Park and the Rainbow bridge connection, and offers riverfront views. Ample gated off-street parking is provided facing Chartres Street.

The site is comprised of 5 lots of record, which allows for a total of up to 5 short-term rental units. HM-MU zoning supports a multitude of uses, including short-term rental, retail, office, and restaurant, among others. The area is also home to a number of nearby restaurants and destination retailers listed in the remarks.

Key Highlights

  • Corner property on Louisa and Chartres Streets steps from Crescent Park and the Rainbow Bridge connection
  • Over 9,000 SF of improvements on a large site with riverfront views
  • Currently gutted except for one suite leased as office and woodworking space

Property Analytics

Current Use

NetWork Volunteers Volunteer Organization

Suggested Use

Top Pick Building Supply Auto Repair Shop Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store

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

1,242
Businesses Nearby

Demographics for 70117, LA

28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Gutted corner property with one leased office/woodworking suite, over 9,000 SF of improvements, and gated off-street parking.
Where is this short term rental property located?
The property is located at 530 Louisa St New Orleans, LA.
What are key features of this property?
This property features: Corner property on Louisa and Chartres Streets steps from Crescent Park and the Rainbow Bridge connection; Over 9,000 SF of improvements on a large site with riverfront views; Currently gutted except for one suite leased as office and woodworking space
(504) 301-1002 Call to check price and availability
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