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Listed byBen & Burka • Aaron J. Kazanoff • 504-301-1002
$ 2,800,000
Est. payment /mo
Active
5033 FRERET ST New Orleans, LA 70115
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2546306
HOA Y/N No
Year Built 1903
Lot Dimensions 33x125
Property Sub-Type Commercial
Source ROAM MLS
Property Description
5033 Freret Street offers a unique mixed-use investment opportunity located in the heart of Uptown New Orleans along the vibrant Freret Street corridor. The property comprises five total units, including three restaurant spaces, one expansive former owner-operated bar space, and a fully licensed, design-forward five-bedroom commercial short-term rental. All commercial tenants operate on NNN leases (the STR and bar are owner-operated). The building recently underwent a comprehensive renovation featuring structural upgrades, a new façade and roof, and a complete buildout of the upstairs STR, including all FF&E, interior design, and layout.The property sits just steps from national and local favorites such as Cava, Chipotle, Starbucks, and Cure bar, along with a dense concentration of popular restaurants, retailers, and neighborhood destinations. Freret Street serves as the primary commercial corridor for the surrounding Uptown neighborhoods and benefits from immediate proximity to both Tulane University and Loyola University New Orleans, drawing consistent foot traffic from students, tourists, locals, and visitors alike.
Location
State LA
County Orleans
Zoning HU-MU
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available
Garage No
Building
Lot Description Corner Lot, Other
Water Public
New Construction No
Others
Tax ID 614331401
Virtual Tour https://www.propertypanorama.com/instaview/roam/2546306
