For Sale
$1,549,000

604 Julia StNew Orleans, LA 70130

Seven-unit building, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional mixed-use property, located at 604 Julia Street in the heart of New Orleans' Central Business District (CBD), presents a lucrative investment opportunity. The property, one of the thirteen buildings known as the "Sisters of Julia Row," boasts a total of 6,843 square feet, with 4,699 square feet of net rentable area. The four-story building comprises seven units: a ground-floor commercial space, four short-term rental units (managed by a local agency, allowing for 30-day rentals), and two fully leased apartments currently on month-to-month agreements. This diverse unit mix offers flexibility and potential for increased revenue streams. Situated in the desirable CBD, the property enjoys unparalleled proximity to a wealth of amenities, including upscale shopping, renowned art galleries, diverse restaurants, the acclaimed National WWII Museum, and the New Orleans Convention Center. The French Quarter is also conveniently located less than two miles away. The property is zoned CBD-5, offering various development possibilities. The asking price is $1,549,000, translating to $226.36 per square foot. This represents a compelling investment opportunity in a thriving New Orleans location. Don't miss this chance to acquire a piece of New Orleans history and reap the rewards of a prime CBD location.

Property Details for 604 Julia St

Property type
Mixed-use properties, Apartment buildings
Square Feet
6,843 SF
Stories
4
Units
7

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9455391
Longitude
-90.0707078
604 Julia St, New Orleans, Louisiana

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604 Julia St
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