712 Orleans St New Orleans, LA 70116
This stunning 878-square-foot commercial space, located at 712 Orleans Street in the heart of the historic French Quarter, underwent a complete renovation in 2024. Situated on the first floor, this single-tenant property boasts a prime location at the intersection of Orleans and Royal Streets, directly across from the renowned Bourbon Orleans Hotel and St. Louis Cathedral. The space features two sets of opening doors/windows, allowing for ample natural light and street visibility. Modern upgrades include new lighting, flooring, and electrical systems, along with a convenient kitchenette. A private courtyard adds to the property's appeal. The property is zoned VCC-2, a Vieux Carré Commercial District designation ideal for retail and service businesses catering to both residents and tourists while maintaining the neighborhood's unique character. Monthly CAM charges of $700 include water, trash service, exterior repairs, common area maintenance, pest control, management fees, taxes, and insurance. The tenant is responsible for electricity, internet/cable, and unit-specific utilities. The building is a single-story structure with no parking spaces and no elevator. This exceptional property presents a rare opportunity to establish a business in one of New Orleans' most desirable locations.
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.