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    1900 St Charles Ave New Orleans, LA 70130

    For Lease
    $45 SF/Yr ($6,210 /Mo)

    Prime 1,656 SF Retail Space, 5 Parking Spots

    Lot size:
    1,656 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A retail building, situated in the desirable Lower Garden District of Orleans Parish, presents a unique investment opportunity. Built in 2004, this single-tenant, 1,656 square foot freestanding structure boasts five convenient off-street parking spaces – a rare find in this vibrant submarket. The property is zoned MU-1, Medium Intensity Mixed-Use District, offering flexibility for a variety of retail uses. Previously occupied by an AT&T Wireless Store and currently operating as a pharmacy, this building is ideally located on St. Charles Avenue, with convenient access via St. Mary Street. The building's history demonstrates its suitability for a range of retail businesses. The property is available for occupancy on September 1, 2024. Net operating expenses are $9.64 per square foot. This is a turnkey opportunity to acquire a well-maintained, high-visibility retail space in a thriving, densely populated area with strong pedestrian traffic. The building's single-story design and ample parking provide exceptional convenience for both customers and employees. Don't miss this chance to secure a prime retail location in one of New Orleans' most sought-after neighborhoods.

    Property Features for 1900 St Charles Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,656 SF
    Class
    A
    Total Rate
    6210

    Building Details

    Year Built
    2004
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    1,656 SF
    Rate per SF
    $45

    HighLights

    • Class A, 1,656 SF retail building in the Lower Garden District.
    • Single‑tenant occupancy.
    • Five off‑street parking spaces.
    • Located on St. Charles Avenue, near St. Mary Street.
    • MU‑1 zoning (Medium Intensity Mixed‑Use District).
    • Available September 1, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0780997
    Latitude
    29.9354823

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    FAQs

    What type of property is this?
    Retail property - Prime 1,656 SF Retail Space, 5 Parking Spots
    Where is this retail property located?
    The property is located at 1900 St Charles Ave New Orleans, LA.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: Class A, 1,656 SF retail building in the Lower Garden District.; Single-tenant occupancy.; Five off-street parking spaces.
    Request Owner's contact information
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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
    1900 St Charles Ave New Orleans, LA 70130
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