Bywater Live/Work Unit For
900 Bartholomew St New Orleans, LA 70117
For Sale
Contact for pricing
Ground floor live/work unit in the Bywater neighborhood.
Property Size360 SF
Price / SF$513.89
Days on Market664
Property Features for 900 Bartholomew St
General Information
- Standard status
- Active
- Size
- 360 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2019
Listing Agency:
REACH Real Estate Solutions
Listed By:
Steve Hayes · License #LA 995695209
Source:
Crexi
Added: Sep 30, 2024
Changed: Jul 10
Last Checked: Jul 24 at 3:52PM
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 REACH Real Estate Solutions
Investment Insights
Based on property information with market context.
Located in the Bywater neighborhood, this ground floor live/work unit is suitable for a single operator business. The property is attached to a building with 75 condo units on the upper floors. It could serve as a satellite office or meeting place. The property size is 360 square feet.
Key Highlights
- Ground floor Live/Work unit.
- Located in the Bywater.
- Perfect for a single operator business.
Financial Insights For Office B
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 | $8.2k | $22.80 |
| − Vacancy | −$1.1k | −$3.15 |
| EGI | $7.1k | $19.65 |
| − OpEx | −$1.8k | −$4.91 |
| NOI | $5.3k | $14.74 |
360 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$75.8K
$66.3K – $88.4K
NOI $5,306 @ 7.0% cap · market cap 2.87%
Second Best
Mixed Use
$69.4K
$60.8K – $81.0K
NOI $4,860 @ 7.0% cap · market cap 2.63%
Theoretical Best
Office A
$91.5K
$80.1K – $106.8K
NOI $6,405 @ 7.0% cap · market cap 3.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Saxony Condominiums
Condominium Complex
Melantha Salon
Hair Salon
FAQs
What type of property is this?
Live-work space - Ground floor live/work unit in the Bywater neighborhood.
Where is this live-work space located?
The property is located at 900 Bartholomew St New Orleans, LA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Ground floor Live/Work unit.; Located in the Bywater.; Perfect for a single operator business.
