1310 Constance St - Retail FOR SALE


New Orleans, LA 70130- Lower Garden District
$1,700,000 USD
504-274-2701
1310 Constance St, New Orleans, LA for Sale
$1,700,000 USD
Retail - FOR SALE
1/8
null | 5.85% Cap Rate

1310 Constance St
New Orleans, LA 70130
Lower Garden District


HIGHLIGHTS

  • Newly built in 2023 with contemporary architectural design and high-end finishes.
  • Ground floor leased to a salon/spa tenant through 2028, providing immediate rental income.
  • Fully permitted and managed commercial short-term rental operation on the upper floors.
  • Fully permitted and managed commercial short-term rental operation on the upper floors.
  • Durable concrete and masonry construction designed for longevity and minimal maintenance.

OVERVIEW

1310 Constance Street offers an investment-ready, new-construction mixed-use property located in New Orleans’ sought-after Lower Garden District. Developed by Inhab and designed by Studio BKA, this property pairs long-term durability with refined design elements that elevate the tenant and visitor experience. Its contemporary architecture is highlighted by custom arched openings, curated materials, and a distinctive façade that integrates modern aesthetics with neighborhood context. The ground floor is occupied under a lease through 2028 by a salon/spa tenant, providing secure in-place income. The upper level features a fully permitted commercial short-term rental operation, professionally managed and demonstrating strong performance metrics. Outdoor spaces include a shared courtyard with Spanish-inspired landscaping and an in-ground pool, creating an inviting atmosphere for guests and residents alike. Strategically positioned near Magazine Street, the Central Business District, and the Warehouse District, this property offers proximity to retail corridors, entertainment hubs, and business centers. Its durable masonry construction ensures resilience and low operating costs, presenting an opportunity for investors seeking an asset with stabilized cash flow and future upside in one of New Orleans’ high-demand submarkets.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$872 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,849 SF

ZONING

C-2

APN/PARCEL ID

1-01-1-038-03

ASK ABOUT THIS PROPERTY

Scott WestonThe McEnery CompanyMore Info
504-274-2701

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Scott WestonThe McEnery CompanyMore Info
504-274-2701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.