For Sale
$799,999

1827 Rampart StNew Orleans, LA 70113

Prime New Orleans location, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 1827 S Rampart St in New Orleans, Louisiana, presents a compelling investment opportunity. The 6,403 square foot building boasts a prime location, just a block from Simon Bolivar Ave and within a 5-10 minute drive of US 90 Business, the vibrant French Quarter, and the bustling Central Business District. This strategic positioning ensures high visibility and accessibility, attracting significant foot traffic and offering substantial development potential. The property features a spacious ground floor, ideal for a variety of commercial uses, currently configured as an event space. Upstairs, two residential units, currently occupied under Section 8 housing, provide a consistent stream of rental income. The building is a two-story structure with an Orleans Parish APN of 412204606 and a zip code of 70113. Offered at $799,999, this translates to a price per square foot of $124.94. This property is perfect for investors seeking a blend of commercial and residential income in a thriving New Orleans neighborhood. The combination of a versatile ground floor space and stable rental income from the upper-level units makes this a truly unique and attractive investment. Don't miss this chance to own a piece of New Orleans' vibrant commercial landscape.

Highlights

  • Mixed-use building in the heart of New Orleans.
  • 6,403 SF building with a ground-floor event space and two occupied residential units.
  • Prime location, minutes from US 90 Business, the French Quarter, and the Central Business District.

Property Details for 1827 Rampart St

Property type
Mixed-use properties, Retail residential properties
Square Feet
6,403 SF
Stories
2

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9393766
Longitude
-90.0821535
1827 Rampart St, New Orleans, Louisiana

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1827 Rampart St
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