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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1638 Clio St New Orleans, LA 70130

1,975 SF
Property ID
Property summary
AI-generated overview

This exceptional New Orleans retail property, located at 1638 Clio Street, offers a fantastic opportunity for businesses seeking flexible and well-situated space. The building totals 1,975 square feet and is divisible into two separate suites. One suite offers a minimum of 625 square feet, ideal for smaller businesses, while a larger 1,350 square foot space is also available. The entire 1,975 square foot space can also be leased. Each suite includes its own restrooms, providing convenience and privacy. The property boasts a prime corner location at the intersection of Clio Street and Carondelet Street, ensuring high visibility and foot traffic. Rental rates are competitive, with the smaller suite priced at $1650 per month plus $150 for utilities, and the larger suite at $3150 per month plus $300 for utilities. The property's versatile layout makes it suitable for a variety of uses, including restaurants, salons, and boutiques. This is a rare opportunity to secure a well-located and adaptable retail space in the vibrant New Orleans market. The property is situated in the 70130 zip code.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,975 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 14 Parishes Restaurant
  • The Neutral Ground Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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