
Mixed-Use Land for Sale in New Orleans, Louisiana
2638 New Orleans St, New Orleans, LA 70119
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
- Parish
- Orleans Parish
- Community
- TH Ward
Property details
- Lot size
- 0.074 acres3,223 sq ft
- Zoning
- Hu-rd2
- MLS #
- NOMAR 2516807
- Posted
Legal description
SQ 1505 LOT 14 NEW ORLEANS AND HOPE 31 X 104 2/STORY BLDG - BAR DOWN AND 2/APTS 4/R EA SIDE AND SGLE/ FR 4/RM UP A/R SEE E REC
Details and features
Listing
- Type
- Commercial Sale
Structure
- Stories
- 2
- Materials
- Stucco, Wood Siding
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 14, 2025 | New listing | $435,000 | — | NOMAR |














