Historic Storefront
For Sale
Contact for pricing
7701 Maple St, New Orleans, LA 70118
One-story commercial shell with flexible HU-B1 zoning, two bathrooms, and paved on-site parking.
Property Size2,930 SF
Days on Market53
Property Features for 7701 Maple St
General Information
Standard status
Active
Size
2,930 SF
Property subtype
Retail
Zoning
HU-B1
Amenities
Power
Water
Sewer
Natural Gas
Vacant
Listing Agency:
Coldwell Banker Commercial TEC Realtors
Listed By:
Michael Plauche · License #995698836
(504) 323-5993
Source:
Lacdb.resimplifi
Added: Aug 26
Changed: Oct 9
Last Checked: Oct 16 at 5:37AM
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 Coldwell Banker Commercial TEC Realtors
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Investment Insights
Based on property information with market context.
This one-story storefront property includes an approximately 2,930-square-foot concrete-block building shell with brick veneer and stucco finishes beneath a flat roof. The interior currently includes two bathrooms, while the paved site provides six parking spaces. The rectangular parcel contains approximately 7,200 square feet, or 0.17 acres, with approximately 60 feet of frontage along Maple Street and approximately 120 feet of depth along Adams Street.
Zoned HU-B1 Light Industrial, the property supports potential office, retail, and mixed-use applications subject to applicable zoning and permitting requirements. It is located within the Carrollton Historic Commercial District on the East Bank of Orleans Parish, with access to St. Charles Avenue through Adams Street and to Carrollton Avenue via Maple Street. Tulane University and Loyola University are approximately 0.5 mile away.
Zoned HU-B1 Light Industrial, the property supports potential office, retail, and mixed-use applications subject to applicable zoning and permitting requirements. It is located within the Carrollton Historic Commercial District on the East Bank of Orleans Parish, with access to St. Charles Avenue through Adams Street and to Carrollton Avenue via Maple Street. Tulane University and Loyola University are approximately 0.5 mile away.
Key Highlights
- Approximately 2,930‑square‑foot one‑story concrete‑block building shell
- Approximately 7,200 square feet of land area, or 0.17 acres
- Approximately 60 feet of Maple Street frontage and 120 feet of Adams Street depth
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,180
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,600
$723.6K
Cap Rate 7%
$516,857
$516.9K
Cap Rate 9%
$402,000
$402.0K
Market Conditions
NOI Build-Up for 2,930 SF
Gross rent
$52.7K $18.00/SF
− Vacancy
−$1.1K −$0.36/SF
EGI
$51.7K $17.64/SF
− OpEx
−$15.5K −$5.29/SF
NOI
$36.2K $12.35/SF
Area
New Orleans, LA
Vacancy
2.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$723,600
Cap Rate 7%
$516,857
Cap Rate 9%
$402,000
Alternative Uses
Best Use
Retail
$516.9K
$452.3K – $603.0K
NOI $36,180 @ 7.0% cap · market cap 3,618,000.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$744.7K
$651.6K – $868.8K
NOI $52,130 @ 7.0% cap · market cap 5,213,000.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,453
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Shops & Services 33%
Home Improvements & Furnishings 2%
Beauty & Spa 2%
Shell
Shops & Services
9,171 visits/mo
0.3 miles
Starbucks
Dining
6,811 visits/mo
0.0 miles
la Madeleine Country French Cafe
Dining
5,803 visits/mo
0.3 miles
Whitney Bank
Shops & Services
4,842 visits/mo
0.5 miles
Insomnia Cookies
Dining
4,473 visits/mo
0.1 miles
Demographics for 70118, LA
35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
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
Similar Off Market Nearby
- Foliage Systems Inc — 624 Lowerline St, New Orleans, LA 70118
- Ftda Florist in the USA — 850 S Carrollton Ave, New Orleans, LA 70118
- Ivy Glenda — 823 S Carrollton Ave B, New Orleans, LA 70118
- Thibodeaux's Floral Studio — 1114 S Carrollton Ave, New Orleans, LA 70118
Frequently Asked Questions
What type of property is this?
Storefront property - One-story commercial shell with flexible HU-B1 zoning, two bathrooms, and paved on-site parking.
Where is this storefront property located?
The property is located at 7701 Maple St New Orleans, LA.
What are key features of this property?
This property features: Approximately 2,930‑square‑foot one‑story concrete‑block building shell; Approximately 7,200 square feet of land area, or 0.17 acres; Approximately 60 feet of Maple Street frontage and 120 feet of Adams Street depth
