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29565517
29375972

2638 New Orleans St, New Orleans, LA 70119

MM
LA LA 995711004, AL AL 000125912-0
United Real Estate Partner
Listed by United Real Estate Partner
$350,000
133 days on market
Updated 7 days ago

2638 New Orleans St

Details
Property Type Mixed Use, Retail
Sub Type Bar
Square Footage 3,800
Units 4
Price per SqFt $92
Buildings 2
Stories 2

Mixed Use | 3,800 SqFt

Marketing description

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 set up as a bar 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.

Listing Contacts

MM
LA LA 995711004, AL AL 000125912-0
United Real Estate Partner
Listed by United Real Estate Partner

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Additional Information

Name
Mike Mito
License
LA 995711004
Brokerage
United real estate
Brokerage Phone
(504) 305-4930
Title
Associate broker
Brokerage Address
1700 Josephine Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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