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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

712 Orleans St New Orleans, LA 70116

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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