1513 ST CHARLES Avenue, New Orleans, Louisiana, 70130
$1,095,000
#2541011
NEW PRICE for this stabilized mixed-use investment is located on St. Charles Avenue in Uptown New Orleans along the historic St.Charles Streetcar line. The fully leased property features a long-term ground-floor restaurant tenant with a residential apartment above.The asset offers in-place cash flow, contractual rent increases, and recent capital improvements, including a new roof completed in 2025. It is well suited for investors or 1031 exchange buyers seeking predictable income in a core Uptown location. The property is centrally positioned between Uptown and Downtown New Orleans and is surrounded by a strong concentration of established restaurants and neighborhood retail, including Lula Restaurant & Distillery, Tito’s Ceviche, Houston’s, Raising Cane’s, and other established neighborhood operators.The residential unit has previously held a short-term rental license and retains a configuration suitable for future STR use, subject to applicable approvals. Do not disturb current tenant.
PROPERTY FEATURES
- Business Type : Commercial, Restaurant, Retail
- Utilities : Natural Gas Available
- Water Source : Public
- Sewer : Public Sewer
- Current Use : Commercial, Residential, Retail
- Zoning : MU-1
- Construction Materials: Brick, Concrete
PROPERTY DETAILS
ID: 2541011
Status: Active
Price: $1,095,000
Type: Other
Address: 1513 ST CHARLES Avenue
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70130
Lat/Long: 29.938991, -90.076059
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