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Listed byBerkshire Hathaway HS - Lakeview • Blake A Rose • 504-766-6705
$ 4,950,000
Est. payment /mo
Active
425 DECATUR ST New Orleans, LA 70130
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2578666
HOA Y/N No
Year Built 1850
Acres 0.17
Lot Dimensions 34 x 214
Property Sub-Type Commercial
Source ROAM MLS
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 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
Area 0.17
Zoning VCC-2
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available
Garage No
Building
Lot Description Other
Water Public
New Construction No
Others
Tax ID 206101608
Virtual Tour https://www.propertypanorama.com/instaview/roam/2578666
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