603 Julia St New Orleans, LA 70130
This exceptional New Orleans mixed-use building, located at 603 Julia Street, presents a compelling investment opportunity. The 3,613 square foot building sits on a 2,032 square foot lot and is zoned CBD-5, offering considerable flexibility for various uses. The property features three units: a ground floor storefront ideal for retail or office space, a spacious two-bedroom, two-bathroom apartment, and a cozy one-bedroom, one-bathroom apartment. This two-story Class B building provides a blend of commercial and residential space, perfect for owner-occupancy or investment. The asking price is $999,999, translating to $276.78 per square foot. Situated in the heart of New Orleans' vibrant city center, this property offers convenient access to numerous amenities and a dynamic urban lifestyle. Annual property taxes are $9,801.23. This unique property is ready for its next chapter, offering a rare combination of income potential and prime location. The building's solid construction and versatile layout make it an attractive proposition for discerning buyers seeking a strong return on investment in a thriving market. This is a chance to acquire a well-maintained property in a desirable location with significant upside potential.
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Humphreys & Partners Architects Architecture Firm Architect
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
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.