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Mixed-Use Land for Sale in New Orleans, Louisiana

2638 New Orleans St, New Orleans, LA 70119

$435,000
0.074 acres
Active
Est $3,168/mo

One property, four income streams, endless opportunity. Prime investment opportunity Located in the 7th w/d featuring both income-producing and value-add potential. Liquor License. The ground floor commercial space is currently operating as a bar with rental income of $1,600/month, with market potential up to $2,500/month. This versatile space includes two bathrooms and a full kitchen, easy conversion into a restaurant or other food/beverage concept. Upstairs, you'll find two 2-bedroom, 1-bath units--both in need of renovation--each with a projected rental income of $1,375/month after updates. Additionally, the property includes a separate 1-bedroom studio unit in a stand-alone house, potential rent $1,000/month -need renovations. With multiple income streams and opportunities to increase rental rates, this property is investors looking to maximize returns in a sought-after location.

Location

Street address
2638 New Orleans St
Community
TH Ward
Coordinates
29.9841, -90.0664

Property details

Lot size
0.074 acres3,223 sq ft
Zoning
Hu-rd2
MLS #
NOMAR 2516807
Posted

Legal description

Details and features

Listing

Type
Commercial Sale

Structure

Stories
2
Materials
Stucco, Wood Siding

Listing history

DateEventPriceChangeSource
Aug 14, 2025New listing$435,000NOMAR
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This 0.074-acre property is located at 2638 New Orleans St in New Orleans, LA 70119. The property is available for sale for $435,000.

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