7605 Maple St - Storefront FOR SALE


New Orleans, LA 70118- East Carrollton
$530,000 USD
504-432-3435
7605 Maple St, New Orleans, LA for Sale
$530,000 USD
Storefront - FOR SALE
1/9
null | 8.3% Cap Rate

7605 Maple St
New Orleans, LA 70118
East Carrollton


HIGHLIGHTS

  • Opportunity for Retail Space Ownership!

OVERVIEW

• Walk Score: 81 (Very Walkable) • Bike Score: 89 (Very Bikeable) • Located on a vibrant mixed-use corridor with daily local and student traffic from nearby Tulane and Loyola universities Neighborhood Dynamics • Uptown’s Maple Street has evolved into a high-demand retail and dining strip, supported by seasonal street fairs, farmers markets, and cultural events that drive year-round visitation • Proximity to major thoroughfares and the historic St. Charles streetcar line ensures consistent visibility and accessibility for both locals and tourists Market Trends and Resilience • Steady demand for retail storefronts in New Orleans’ established retail corridors typically yields cap rates between 7% and 9% • The area’s blend of independent restaurants, boutique shopping, and creative enterprises insulates landlords against market volatility by fostering community loyalty and repeat patronage ________________________________________ Considering the strong financial metrics, excellent walkability, and sustained neighborhood vitality—fueled by a mix of college students, creative professionals, and local residents—7605 Maple Street represents a compelling long-term commercial investment. Beyond its strong fundamentals, 7605 Maple Street offers investors the advantage of being positioned in a thriving academic and cultural ecosystem. The continual influx of students and faculty from Tulane and Loyola universities not only guarantees a steady stream of potential customers but also keeps the area lively and progressive, fostering an environment where innovative business concepts can flourish. Moreover, the neighborhood’s emphasis on local character—evident in its support for independent businesses and community-driven events—provides a buffer against the fluctuations associated with national retail trends. This resilience is further amplified by the property's proximity to iconic New Orleans attractions and the convenience of public transit options like the St. Charles streetcar, which draws a diverse clientele from across the city. As Uptown continues to attract both new residents and visitors seeking authentic dining and shopping experiences, property values and rental rates are likely to see sustained growth. The combination of reliable foot traffic, a loyal local customer base, and a dynamic commercial landscape ensures that 7605 Maple Street is well-positioned for both immediate returns and long-term appreciation. These qualities make it an outstanding choice for investors seeking stability, growth, and a tangible connection to the unique spirit of New Orleans. Businesses Near 7605 Maple Street Top Restaurants and Cafés • Deanie’s Seafood (American, Cajun & Creole) – known for exceptional soft-shell crab and Gulf coast seafood classics, ~0.2 mi • Mandina’s (Italian, Seafood) – famed for red beans & rice and family-style Italian fare, ~0.2 mi • Vincent’s Italian Cuisine – celebrated tiramisu and Fettuccine Alfredo, 0.2 mi • Brigtsen’s Restaurant (American, Cajun & Creole) – upscale Creole with standout veal and seafood dishes, 0.4 mi • The Camellia Grill (American, Diner) – retro counter service, famous for omelets and pie, 0.3 mi Specialty Eateries on Maple Street • Maple Street Cafe – Italian-Creole fusion, signature stuffed shrimp and veal piccata • Jamila’s Cafe – cozy spot for crawfish bisque and Mediterranean specialties • Cote Sud – intimate French bistro with authentic Gallic dishes • Patisserie on Maple – artisanal pastries and ham & cheese croissants Coffee, Nightlife & Shopping • Multiple coffee shops with patio seating and Wi-Fi—ideal for remote work and people-watching • Small pubs offering craft beers and cocktails within walking distance of each other • Boutiques such as Angelique and a host of consignment shops showcasing local designers • Art galleries and bookstores (e.g., Fresco) that highlight New Orleans’ creative community ________________________________________ Long-Term Investment Outlook Property Details & Financials • List Price: $530,000 • Building Size: 1,526 sq ft; Year Built: 1970 • Price/SF: $347.31; Cap Rate: 8.30%; Net Operating Income: $43,990 annually Neighborhood Pulse & Demographics • Young professionals (35% of residents aged 25–34) seek trendy cafés, fitness studios, and coworking spaces. • A weekly student influx of 20,000+ from nearby campuses sustains demand for casual eateries, study-friendly spots, and late-night options. • Established families and empty nesters patronize boutique shops, art galleries, and upscale dining, providing balanced counter-cyclical support

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

8.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

HU-B1

APN/PARCEL ID

7-16-1-070-18

ASK ABOUT THIS PROPERTY

Michael MitoUnited Real Estate Partners, LLCMore Info
504-432-3435

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Michael MitoUnited Real Estate Partners, LLCMore Info
504-432-3435

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