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New Mixed-Use Building
For Sale
$1,800,000

938 THALIA Street, New Orleans, LA 70130

COMMERCIAL - New Orleans, LA

Property SizeContact for details
Days on Market115

Property Features for 938 THALIA Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning HU-MU
Lot features Regular
Standard status Active
APN 938-THALIAST

Utilities

Water source Public

Amenities

courtyard
dipping pool

Building Details

Year built 2023
Listing Agency: The McEnery Company
Listed By: Scott Weston · License #995684661
Added: Apr 20 Changed: Aug 4 Last Checked: Aug 12 at 1:06PM
MLS# 2553963

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Completed in 2023, 938 Thalia Street is a mixed-use building with commercial space at street level and an operational short-term rental component above. The ground floor is configured for flexible commercial occupancy, with potential applications including boutique retail, office, and hospitality. Upper-level units feature white oak flooring and abundant natural light, while select units offer views toward downtown New Orleans. A French Quarter-style courtyard with a small dipping pool serves as a shared architectural feature, and the upper-level commercial short-term rental is fully permitted with management in place.

The property is located in New Orleans’ Lower Garden District, minutes from the CBD and within an area characterized by residential density and neighborhood retail. HU-MU zoning and public water service are also associated with the property.

Key Highlights

  • 2023 construction with mixed‑use configuration
  • Ground‑floor space suited to boutique retail, office, or hospitality uses
  • Fully permitted commercial short‑term rental on the second floor

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Tanning Salon Pet Grooming Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,557
Businesses Nearby

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

Market

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial space supports retail, office, or hospitality use.
Where is this mixed-use property located?
The property is located at 938 THALIA Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 2023 construction with mixed‑use configuration; Ground‑floor space suited to boutique retail, office, or hospitality uses; Fully permitted commercial short‑term rental on the second floor
More about this property
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