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5402-04 St Charles Avenue New Orleans, LA $ 6,000,000
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5402-04 St Charles Avenue
$ 6,000,000
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5402-04 St Charles Avenue

New Orleans, LA, 70115
$ 6,000,000
Bedrooms-- Baths-- Sq 27,000

Monthly Estimate*

$ 37,432

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Commercial Property for sale in New Orleans, LA

for $6,000,000. This 27,000 square foot building was built in 1943 on a lot size of 0.7342.

Prime Uptown Location – Long-Term Investment Opportunity! Rare offering in one of New Orleans’ most sought-after corridors. This 28-unit apartment building with 28 parking spaces, is just blocks from Tulane and Loyola Universities, the Freret Street corridor, and the new Trader Joe’s. A unique opportunity for an investor or developer seeking to acquire a premier location with strong rental demand and/or future redevelopment potential. The property currently produces steady income and is ideally suited for long-term hold while planning for repositioning or conversion down the road. Properties of this scale and location rarely become available. A legacy investment with exceptional upside for the future!

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Commercial Active

Price

$ 6,000,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.7342

Year Built

1943

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2496673
Features
General
Sewer Public Sewer
Zoning HU-RS
Construction Materials Block Concrete
Year Built 1943
Stories Count 3
Levels Three Or More
County Orleans
Property Type Commercial Sale
Other Structures Living Quarters
Total Rooms 0
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use
Standard Status Active
Legal Description SQ 403 LOTS 1 2 4 PT 3 C 80/135X287/308 5402-06 ST CHAS & 1578-98 JEFF 3 STY-B-27 APTS FILE #48006
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Exterior
Parking Features Assigned
Lot Features City Lot Oversized Lot
Water Source Public
Lot Size Area 0.7342
Building Area Total 27000
Lot Dimensions 80X135/287X308
Lot Size Acres 0.7342
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Latter & Blum (Latt07)

Broker

john.weil@compass.com

Email

Affordability Calculator

$37,432
Per Month
100%
0%
0%
Monthly Principal & Interest
$37,432
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/7/2025$6,000,000 -3.23% Price Down
9/9/2025$6,200,000 -7.46% Price Down
4/14/2025$6,700,000 Listed Price

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5402-04 St Charles Avenue, New Orleans, LA, 70115 is a Commercial Property for sale at $6,000,000 with 27,000 sqft and a lot size of 0.7342. 5402-04 St Charles Avenue was built in 1943. The property's zip code is 70115 which is in New Orleans, LA

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