425 Decatur Street
New Orleans, LA 70130
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 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.
Property Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HS - Lakeview
Agency Phone: 504-766-6705
Shown By
Agent Name: Reena Crawford
Agent Phone: (512) 293-1171
Agency Title: Ricci Real Estate
AGENT INFORMATION
Ricci Real Estate Reena Crawford (512) 293-1171
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425 Decatur Street | MLS# 2578666
This commercial property located at 425 Decatur Street , New Orleans, LA 70130 is currently listed for sale with an asking price of $4,950,000. Search New Orleans real estate on reenacrawford.riccire.com today.