1413 Upperline St New Orleans, LA 70115
This exceptional 1,025-square-foot retail space presents a unique investment opportunity. Currently configured as a party center, this single-tenant property boasts a prime location near a jewelry store, barbershop, and children's clothing boutique, ensuring high foot traffic and visibility. The building itself offers significant potential for a variety of retail uses, capitalizing on its strategic placement within a vibrant commercial area. The property's existing layout as a party center provides a solid foundation for a seamless transition to a similar business or a creative repurposing to suit a different retail concept. Its size is ideal for a smaller-scale retail operation or a business requiring a manageable footprint. The surrounding businesses create a synergistic environment, attracting a diverse customer base. This property is an excellent choice for an entrepreneur seeking a well-located, established space with immediate potential for success. The property's single-tenant occupancy simplifies management and provides a straightforward investment structure. Serious inquiries are encouraged to explore the possibilities this unique retail space offers. The property is ready for immediate occupancy, allowing for a swift start to operations. This is a rare opportunity to acquire a well-positioned retail space in a thriving commercial district.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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
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.