425 DECATUR ST New Orleans, LA 70130
1 Bath
19,946 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 19,946 sqft
Price per Sqft $248
MLS Listing ID 2578667
Style Creole
Full Baths 1
Construction Status Average Condition
HOA Y/N No
Year Built 1850
Lot Size 7,274 Sqft
Acres 0.167
Property Sub-Type Mixed Use
Property Description
PREMIER RETAIL and DEVELOPMENT OPPORTUNITY in one the busiest, most high-demand parts of the beautiful New Orleans FRENCH QUARTER. At almost 20,000 square feet, this HISTORIC 3-story building dates from roughly 1850 and brings in over $20K/month in rental income from the 2x retail tenants (describe as 1 or 2 tenants?) on the 1st floor with potential for much, MUCH more.
The 2nd and 3rd floors are in a shell state and ready to be built out into HIGH-END office and/or multifamily spaces. Ownership is in the process of having architectural plans for LUXURY CONDOS approved by the HDLC and will share with buyer under appropriate circumstances. Both upper stories have VERY HIGH CEILINGS, making a comfortable buildout suitable, even with room for as yet to be installed HVAC and plumbing systems.
Tujague's and the New Orleans Jazz National Historical Park Visitors Center make for excellent neighbors. VCC-2 zoning. Flood zone x.
Location
State LA
County Orleans
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features None
Pool None
Water Access Desc Public
Roof Type Flat
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Townhouse
Entry Level Three Or More
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Creole
Level or Stories Three Or More
Construction Status Average Condition
Others
Tax ID 206101608
Special Listing Condition None
Schools Near
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