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    1400 St Charles Ave New Orleans, LA 70130

    For Lease
    $22 SF/Yr ($10,963 /Mo)

    Prime New Orleans Retail Space

    Lot size:
    5,847 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 5,847 square foot retail building, located at 1400 St. Charles Avenue, New Orleans, LA 70130, presents a unique investment opportunity. Situated on a 6,140 square foot lot at the corner of St. Charles Avenue and Thalia Street, this Class B property boasts a rich history, having served as the long-term home of Heirloom Furnishings. Built in 1925, the building retains its original charm with attractive exposed beams and high ceilings, creating a unique and inviting atmosphere. The single-tenant configuration offers flexibility for a variety of uses, particularly those benefiting from high visibility and foot traffic. Its convenient location places it directly adjacent to a Raising Cane's Chicken Restaurant, ensuring high levels of daily pedestrian activity. The property's size and character make it ideal for a range of businesses, from home furnishings to fitness centers, or similar ventures seeking a prominent New Orleans address. The building's strong structural integrity and desirable location combine to offer a compelling investment prospect in a thriving commercial district. This is a rare chance to acquire a piece of New Orleans history with significant potential for future growth and profitability.

    Property Features for 1400 St Charles Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,847 SF
    Class
    B
    Total Rate
    10963.13

    Building Details

    Year Built
    1925

    Unit(s) available at that property

    Space
    Size
    5,847 SF
    Rate per SF
    $22

    HighLights

    • 5,847 SF retail building at 1400 St. Charles Ave, New Orleans, LA 70130.
    • Located on a 6,140 SF corner lot at St. Charles Ave & Thalia St.
    • Class B building, built in 1925, featuring exposed beams and high ceilings.
    • Single‑tenant occupancy with high visibility and foot traffic, adjacent to Raising Cane's.
    • Ideal for various uses, including retail or fitness, in a thriving commercial district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Daycare Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0747862
    Latitude
    29.9395656

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    FAQs

    What type of property is this?
    Retail property - Prime New Orleans Retail Space
    Where is this retail property located?
    The property is located at 1400 St Charles Ave New Orleans, LA.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 5,847 SF retail building at 1400 St. Charles Ave, New Orleans, LA 70130.; Located on a 6,140 SF corner lot at St. Charles Ave & Thalia St.; Class B building, built in 1925, featuring exposed beams and high ceilings.
    Request Owner's contact information
    1400 St Charles Ave New Orleans, LA 70130
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    New Orleans, LA 70130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1400 St Charles Ave New Orleans, LA 70130
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