401 Opelousas Ave, New Orleans, LA 70114
This beautifully maintained two-story building, located at 401 Opelousas Ave in New Orleans, Louisiana, presents a unique investment opportunity. Spanning 6,561 square feet on a 3,744 square foot lot, this mixed-use property is zoned HU-MU, offering exceptional flexibility for a variety of commercial ventures. The building features high ceilings – 12 feet on the ground floor and over 8 feet on the second floor – creating an open and spacious feel. Previously used as a beauty salon, the property is well-suited for diverse uses, including retail, restaurants, medical clinics, office spaces, or financial institutions. The building includes five half bathrooms, adding convenience for tenants and customers. The asking price is $750,000, translating to $114.31 per square foot. This property offers a prime opportunity for businesses seeking to establish themselves in the vibrant Algiers Point neighborhood of New Orleans, Louisiana, zip code 70114. The building's versatile layout and desirable location make it an attractive investment for both established businesses and new ventures.
-
Stevenson's Academy-Hair Design Vocational School Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.