825 Thalia St - Storefront Retail/Office FOR SALE


New Orleans, LA 70130- Lower Garden District
$1,650,000 USD
504-274-2701
825 Thalia St, New Orleans, LA for Sale
$1,650,000 USD
Storefront Retail/Office - FOR SALE
1/21
null | Request Cap Rate

825 Thalia St
New Orleans, LA 70130
Lower Garden District


HIGHLIGHTS

  • ew construction featuring architectural finishes and durable concrete block structure.
  • Fully leased mixed-use asset with hospitality and office components generating annual revenue.
  • Includes two leased ground-floor offices and a large, licensed short-term rental unit upstairs.

OVERVIEW

825 Thalia Street presents an opportunity to acquire a fully leased mixed-use property in New Orleans’ Lower Garden District. This newly constructed building reflects a modern interpretation of the city’s architectural character with high-quality concrete block construction and custom design elements that harmonize within the historic fabric of the neighborhood. The asset is configured with a licensed short-term rental unit occupying an open, contemporary second floor and two fully leased commercial office suites on the ground floor. Positioned in a rapidly transforming pocket of the Lower Garden District, the property offers connectivity to major thoroughfares, including the Pontchartrain Expressway, and proximity to the Warehouse District, CBD, and vibrant Magazine Street retail corridor. The immediate area continues to experience upward momentum in residential redevelopment and commercial activity, enhancing the long-term investment profile of 825 Thalia. The current tenancy structure delivers cash flow stability, supported by short-term rental income and professional office tenants under modified gross and full-service terms. With a distinct architectural appeal and alignment to demand for mixed-use assets, this property represents a compelling addition for investors seeking income performance within a growth-oriented urban district.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

HU-MU

APN/PARCEL ID

1-02-1-024-05,1-02-1-024-06,1-02-1-024-07,1-02-1-024-08,1-02-1-024-09

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.