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    527 Julia St New Orleans, LA 70130

    Sponsored
    For Sale
    $1,750,000

    Prime New Orleans Warehouse District Retail Space

    Property size:
    6,083 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,083 square foot mixed-use building, currently operating as a restaurant, is situated on a 0.12-acre lot in New Orleans' vibrant Warehouse Arts District at 527 Julia Street, zip code 70130. The single-story structure offers significant potential for a variety of uses, including retail, office, restaurant, gallery, or even residential/multi-family conversion. The asking price is $1,750,000, translating to $287.69 per square foot. The property features a main floor of 6,083 square feet of finished space, ideal for immediate occupancy. An additional 4,126 square feet of unfinished second-floor space presents a unique opportunity for expansion or adaptive reuse. The property's location within the Warehouse Arts District provides access to a thriving community of art galleries, boutiques, and restaurants, ensuring high visibility and foot traffic. The Orleans Parish location and its APN is 103103104. This presents a compelling investment opportunity in a dynamic and rapidly developing area of New Orleans.

    Property Features for 527 Julia St

    General Information

    Property type
    Restaurants
    Square Feet
    6,083 SF
    Lot Size
    5,227 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 6,083 SF mixed‑use building on a 0.12‑acre lot in New Orleans' Warehouse Arts District.
    • Located at 527 Julia Street, New Orleans, LA 70130.
    • $1,750,000 asking price ($287.69/SF).
    • 6,083 SF of finished main floor space, plus 4,126 SF of unfinished second‑floor space.
    • Suitable for various uses including retail, office, restaurant, gallery, or residential conversion.
    • APN: 103103104.
    Property Profile Location Intelligence

    Current Use by Public Records

    Carmo Seafood Restaurant Slow Fish 2016 Seafood Restaurant L'Entrepot Store

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Building Supply Daycare Center Kitchen & Bath Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.06989305
    Latitude
    29.94552671

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    FAQs

    What type of property is this?
    Restaurant - Prime New Orleans Warehouse District Retail Space
    Where is this restaurant located?
    The property is located at 527 Julia St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: 6,083 SF mixed-use building on a 0.12-acre lot in New Orleans' Warehouse Arts District.; Located at 527 Julia Street, New Orleans, LA 70130.; $1,750,000 asking price ($287.69/SF).
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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
    527 Julia St New Orleans, LA 70130
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