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2727 Saint Charles Ave 7,761 SF Vacant Retail Building New Orleans, LA 70130 $4,363,712 CAD ($562.26 CAD/SF) 1.89% Cap Rate



Investment Highlights
- Garage and Off-STreet Parking
- Whole House Generator (financed from Keefe's AC...they install & service it every year on a service program. )
- Original Wood Moldings
- Has Hotel License and Running Business
- Hard Wood Floors
- PRIME Location right on the streetcar pickup route
Executive Summary
Historic Saint Charles Ave Home / Small Hotel License
Most of the historic Furniture is included and would be included with the sale. The owner has an apartment on the third floor and that furniture is not be included with the furniture being sold with the B&B.
Most of the historic Furniture is included and would be included with the sale. The owner has an apartment on the third floor and that furniture is not be included with the furniture being sold with the B&B.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$152,809
|
$22.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$152,809
|
$22.00
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $152,809 |
| Annual Per SF | $22.00 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $152,809 |
| Annual Per SF | $22.00 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,761 SF
Building Class
B
Year Built/Renovated
1800/1997
Price
$4,363,712 CAD
Price Per SF
$562.26 CAD
Cap Rate
1.89%
NOI
$82,501 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.24
Lot Size
0.75 AC
Zoning
HU-RM1 - https://czo.nola.gov/article-11/
Amenities
- Fenced Lot
- Air Conditioning
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Rabe Bonnie A
- -
- -
- -
- -
- Small Hotel License
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Rabe Bonnie A | - | - | - | - | ||
| Small Hotel License | - | - | - | - |
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4-12-1-054-01 | Improvements Assessment | $171,167 CAD (2025) |
| Land Assessment | $70,378 CAD (2025) | Total Assessment | $241,545 CAD (2025) |
Property Taxes
Parcel Number
4-12-1-054-01
Land Assessment
$70,378 CAD (2025)
Improvements Assessment
$171,167 CAD (2025)
Total Assessment
$241,545 CAD (2025)
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2727 Saint Charles Ave
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