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$4,950,000
New Listing

425 DECATUR Street
New Orleans, LA 70130

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
19,946
SqFt
$248
/SqFt
1850
Built
County:
Orleans

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425 DECATUR Street425 DECATUR Street425 DECATUR Street425 DECATUR Street
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<p style="color:green"> 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. <p style="color:red"> 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. <p style="color:purple"> Tujague's and the New Orleans Jazz National Historical Park Visitors Center make for excellent neighbors. VCC-2 zoning. Flood zone x.

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Listing Snapshot
Price 
$4,950,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
19,946 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.167 Acres
Year Built 
1850
MLS® Number 
2578666
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
7 hours agoListing first seen on site
13 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.167
Cross Street 
Chartres, N Peters, Conti, St Louis
Levels 
Three Or More
Parking 
None
Sewer 
Public Sewer
SqFt Total 
19946
Water Source 
Public
Zoning 
VCC-2
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Exterior Features
Construction Details 
BrickMasonite
Lot Features 
City LotRectangular Lot
Listing courtesy of Berkshire Hathaway HomeServices Preferred, REALTOR

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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