Historic Mixed-Use
New
For Sale
$2,789,000
618-20 Julia Street, New Orleans, LA 70130
Commercial Sale, New Orleans, LA
Property Size6,817 SF
Price / SF$409.12
Days on Market7
Property Features for 618-20 Julia Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CDB-5
Directions
Between Camp and St. Charles Ave. Julia St is a one way heading away from River
Standard status
Active
APN
620JuliaSt
Size
6,817 SF
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Tax Description
Sq 181, Lot 6 or 35, Julia 26'3" x 105'
Legal Description
Sq 181, Lot 6 or 35, Julia 26'3" x 105'
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Amenities
central courtyard
Building Details
Year built
1832
Floors in Building
4
Building materials
Brick, Frame
Buildings
1
Listing Agency:
Keller Williams Realty NO
(504) 862-0100
Listed By:
Chris M Smith · License #000009641
(504) 231-2004
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 26 at 5:06PM
MLS# 849OQU
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6,817-square-foot historic property was built in 1832 and restored in 2025. Its components include a 3,672-square-foot main residence with four bedrooms, three full bathrooms, and one half bath; an approximately 1,241-square-foot apartment with two bedrooms and one full and one half bath; and a separate three-bedroom, one-bath apartment. Approximately 1,212 square feet on the ground floor is configured for gallery or retail use. A central courtyard serves the property, which has brick and frame construction.
The building is on Julia Street in New Orleans’ Arts District. Nearby destinations named for the area include Lafayette Square, the National WWII Museum, the Ogden Museum of Southern Art, and several restaurants, including Peche and Herbsaint. Public water and sewer service are available, along with natural gas.
The building is on Julia Street in New Orleans’ Arts District. Nearby destinations named for the area include Lafayette Square, the National WWII Museum, the Ogden Museum of Southern Art, and several restaurants, including Peche and Herbsaint. Public water and sewer service are available, along with natural gas.
Key Highlights
- 6,817 square feet, built in 1832 and restored in 2025
- Main residence: 3,672 square feet, four bedrooms, three full baths, and one half bath
- Ground‑floor gallery or retail area of approximately 1,212 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,030
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,600
$1.8M
Cap Rate 7%
$1,314,714
$1.3M
Cap Rate 9%
$1,022,556
$1.0M
Market Conditions
NOI Build-Up for 6,817 SF
Gross rent
$163.6K $24.00/SF
− Vacancy
−$16.4K −$2.40/SF
EGI
$147.2K $21.60/SF
− OpEx
−$55.2K −$8.10/SF
NOI
$92.0K $13.50/SF
Area
New Orleans, LA
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,840,600
Cap Rate 7%
$1,314,714
Cap Rate 9%
$1,022,556
Alternative Uses
Best Use
Mixed Use
$1.31M
$1.15M – $1.53M
NOI $92,030 @ 7.0% cap · market cap 3.30%
Second Best
Retail
$1.20M
$1.05M – $1.40M
NOI $84,176 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$1.73M
$1.52M – $2.02M
NOI $121,286 @ 7.0% cap · market cap 4.35%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
9,016
Businesses Nearby
450k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 71%
Groceries 11%
Dining 7%
Shops & Services 7%
Rouses Market
Groceries
49,050 visits/mo
0.2 miles
New Orleans Marriott Warehouse Arts District
Hotels & Casinos
29,429 visits/mo
0.4 miles
Exxon
Shops & Services
24,253 visits/mo
0.3 miles
Holiday Inn New Orleans-Downtown Superdome
Hotels & Casinos
20,500 visits/mo
0.5 miles
Hotel Fontenot
Hotels & Casinos
20,339 visits/mo
0.2 miles
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in New Orleans, LA
Frequently Asked Questions
What type of property is this?
Mixed-use property - A restored 1832 building combines a private residence, two apartments, and ground-floor gallery or retail space.
Where is this mixed-use property located?
The property is located at 618-20 Julia Street New Orleans, LA.
What is the asking price?
The asking price for this property is $2,789,000.
What are key features of this property?
This property features: 6,817 square feet, built in 1832 and restored in 2025; Main residence: 3,672 square feet, four bedrooms, three full baths, and one half bath; Ground‑floor gallery or retail area of approximately 1,212 square feet
