PROPERTY DESCRIPTION
NEW PRICE for 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, Titos Ceviche, Houstons, Raising Canes, 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.