425 DECATUR Street
$4,950,000
Active

425 DECATUR Street

New Orleans, LA 70130
Browse more homes in New Orleans, LA
1
Baths
19,946
SqFt
1850
Built
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.
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.
SAVINGS CALCULATOR
$99,000
If listed with 1 Percent Lists
Estimated savings vs. a traditional 3% listing commission.
MORTGAGE CALCULATOR
$25,030
Estimate only — not a loan offer. Consult a lender for actual terms.

LISTING SNAPSHOT

Price$4,950,000
Bedrooms0
Full Baths1
Half Baths0
Inside Area (SqFt)19,946 sqft
Lot Size0.167 Acres
Year Built1850
MLS® NumberN/A
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A

Listing courtesy of Berkshire Hathaway HomeServices Preferred, REALTOR

About this office

Listings on this page are served for 1 Percent Lists.

Comps

An estimate is not available for this listing.

Want to see Our Guess?

Create a free account to unlock our estimated home value for this listing.

Scroll to Top