Description

Stirling is proud to offer 1931–33 Sophie Wright Place, a fully leased, turn-key mixed-use investment property in one of New Orleans’ most sought-after neighborhoods. Overlooking the tree-lined Sophie Wright Place park, the building includes a reliable ground-floor retail tenant and a licensed, high-performing short-term rental capable of generating more than $100,000 in annual gross revenue. A bonus studio apartment at the rear provides additional value-add potential, and the property includes a small backyard suited for outdoor use. Located in the heart of the Lower Garden District—a historic, walkable neighborhood known for its charm and vibrant lifestyle—the property is surrounded by boutique shops, design studios, fitness concepts, and top local restaurants. Its proximity to Magazine Street and Coliseum Square ensures steady foot traffic and strong tenant appeal throughout the year. With favorable neighborhood demographics, ongoing growth, and strong visibility, 1931–33 Sophie Wright Place represents an exceptional long-term investment. Minimal landlord responsibilities and multiple income streams make this asset an attractive option for investors seeking dependable cash flow in a high-demand submarket.