5033 FRERET Street, New Orleans, LA 70115
New Listing
$2,800,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
5,720
Status:
Active
Current Price:
$2,800,000
List Date:
3/06/2026
Last Modified:
3/09/2026
Description
5033 Freret Street offers a unique mixed-use investment opportunity located in the heart of Uptown New Orleans along the vibrant Freret Street corridor. The property comprises five total units, including three restaurant spaces, one expansive former owner-operated bar space, and a fully licensed, design-forward five-bedroom commercial short-term rental. All commercial tenants operate on NNN leases (the STR and bar are owner-operated). The building recently underwent a comprehensive renovation featuring structural upgrades, a new facade and roof, and a complete buildout of the upstairs STR, including all FF&E, interior design, and layout. The property sits just steps from national and local favorites such as Cava, Chipotle, Starbucks, and Cure bar, along with a dense concentration of popular restaurants, retailers, and neighborhood destinations. Freret Street serves as the primary commercial corridor for the surrounding Uptown neighborhoods and benefits from immediate proximity to both Tulane University and Loyola University New Orleans, drawing consistent foot traffic from students, tourists, locals, and visitors alike.
Supplements: ********
More Information MLS# NO2546306
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 489.51
Status: Active
Listing Date: 2026-03-06
Listing Price: 2800000
Current Price: $2,800,000
Modification Timestamp: 2026-03-09T20:43:20Z
Photo Modified: 2026-03-06T20:17:53Z
General Property Description
Lot Dimensions: 33x125
Stories: 2
SqFt - Total: 5720
SqFt - Source: Measured
Acreage Range: 0 - 0.5
Sale/Lease Info
Lease Purchase: No
Remarks & Misc
Remarks: 5033 Freret Street offers a unique mixed-use investment opportunity located in the heart of Uptown New Orleans along the vibrant Freret Street corridor. The property comprises five total units, including three restaurant spaces, one expansive former owner-operated bar space, and a fully licensed, design-forward five-bedroom commercial short-term rental. All commercial tenants operate on NNN leases (the STR and bar are owner-operated). The building recently underwent a comprehensive renovation featuring structural upgrades, a new facade and roof, and a complete buildout of the upstairs STR, including all FF&E, interior design, and layout. The property sits just steps from national and local favorites such as Cava, Chipotle, Starbucks, and Cure bar, along with a dense concentration of popular restaurants, retailers, and neighborhood destinations. Freret Street serves as the primary commercial corridor for the surrounding Uptown neighborhoods and benefits from immediate proximity to both Tulane University and Loyola University New Orleans, drawing consistent foot traffic from students, tourists, locals, and visitors alike.
Office/Member/Contract Info
List AOR: NOMAR
Property Type
Retail: 1
Parking
None: 1
Lot Description
Corner: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 57291536
Originating System Listing ID: 2546306
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 5033
Street Name: FRERET Street
Parish: Orleans
State: LA
Zip Code: 70115
Tax Assessment Number: 614331401
Zone: HU-MU
Directions: Bounding Streets: Freret, Soniat, Constantinople, Valmont
Property Features
Property Type: Retail
Lot Description: Corner
Parking: None
Listing Office:
Ben & Burka
IDX
Last Updated: March - 09 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.