1513 St Charles Ave
1513 St Charles Ave, New Orleans, LA 70130
Overview
This stabilized mixed-use investment is located on St. Charles Avenue in Uptown New Orleans along the historic St. Charles Streetcar line. The fully leased property features a long-term ground-floor restaurant tenant with a residential apartment above.
The asset offers in-place cash flow, contractual rent increases, and recent capital improvements, including a new roof completed in 2025. It is well suited for investors or 1031 exchange buyers seeking predictable income in a core Uptown location.
The property is centrally positioned between Uptown and Downtown New Orleans and is surrounded by a strong concentration of established restaurants and neighborhood retail, including Lula Restaurant & Distillery, Tito’s Ceviche, Houston’s, Raising Cane’s, and other established neighborhood operators.
The residential unit has previously held a short-term rental license and retains a configuration suitable for future STR use, subject to applicable approvals.
Do not disturb current tenant.
- Located on St. Charles Streetcar line
- Multiple hotels near by
- Property is fully leased
For Sale
- Sale Price
- $1,260,000
- Price Per SF
- $318.7/SF
- Cap Rate
- 6.98%
- Building Size
- 3,954 SF
- Acres
- 0.001 - 1 ac
- Zoning
- HU-MU
- Zoning Description
- Historic Urban Neighborhood Mixed Use District
- Agent Ownership Interest
- Yes
- Floors
- 2
- Submarket
- Lower Garden District
- Nearest MSA
- New Orleans-Metairie
- Property Use Type
- Investment
- Property Status
- Existing
- Vehicles Per Day
- 19,980 VPD
- Nearest Interstate
- I-10 - 1 mi
- Nearest Highway
- US 90 - 1 mi
- Nearest Airport
- New Orleans Louis Armstrong International Airport - 15 mi
- Nearest Port
- Port of New Orleans - 1 mi
- County
- Orleans Parish
- Available
- 01/09/2026
- Listed
- 01/09/2026
- Updated
- 01/12/2026
- Listing ID
- f6d8945d
- Parcel APN
- 101106910