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825 Thalia St
New Orleans, LA 70130
Retail Property For Sale


Investment Highlights
- ew construction featuring architectural finishes and durable concrete block structure.
- Includes two leased ground-floor offices and a large, licensed short-term rental unit upstairs.
- Fully leased mixed-use asset with hospitality and office components generating annual revenue.
Executive Summary
825 Thalia Street presents an opportunity to acquire a fully leased mixed-use property in New Orleans’ Lower Garden District. This newly constructed building reflects a modern interpretation of the city’s architectural character with high-quality concrete block construction and custom design elements that harmonize within the historic fabric of the neighborhood. The asset is configured with a licensed short-term rental unit occupying an open, contemporary second floor and two fully leased commercial office suites on the ground floor.
Positioned in a rapidly transforming pocket of the Lower Garden District, the property offers connectivity to major thoroughfares, including the Pontchartrain Expressway, and proximity to the Warehouse District, CBD, and vibrant Magazine Street retail corridor. The immediate area continues to experience upward momentum in residential redevelopment and commercial activity, enhancing the long-term investment profile of 825 Thalia.
The current tenancy structure delivers cash flow stability, supported by short-term rental income and professional office tenants under modified gross and full-service terms. With a distinct architectural appeal and alignment to demand for mixed-use assets, this property represents a compelling addition for investors seeking income performance within a growth-oriented urban district.
Positioned in a rapidly transforming pocket of the Lower Garden District, the property offers connectivity to major thoroughfares, including the Pontchartrain Expressway, and proximity to the Warehouse District, CBD, and vibrant Magazine Street retail corridor. The immediate area continues to experience upward momentum in residential redevelopment and commercial activity, enhancing the long-term investment profile of 825 Thalia.
The current tenancy structure delivers cash flow stability, supported by short-term rental income and professional office tenants under modified gross and full-service terms. With a distinct architectural appeal and alignment to demand for mixed-use assets, this property represents a compelling addition for investors seeking income performance within a growth-oriented urban district.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,624 SF
Building Class
B
Year Built
2022
Price
$1,650,000
Price Per SF
$93.62
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
HU-MU - HU-MU
Parking
45 Spaces (2.55 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $213,930 | |
| Land Assessment | $37,720 | Total Assessment | $251,650 |
Property Taxes
Parcel Numbers
Land Assessment
$37,720
Improvements Assessment
$213,930
Total Assessment
$251,650
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