425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
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Listed byBerkshire Hathaway HS - Lakeview • Blake A Rose • 504-766-6705
$ 4,950,000
Est. payment | /mo

$ 4,950,000
Est. payment | /mo

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

ROAM MLS

Nearby Locations

Richard W. Hébert

"Sharing New Orleans' story, one home at a time."

+1(504) 617-5184

richard@richardhebertrealtor.com

617 Julia St, New Orleans, LA 70130, USA

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425 DECATUR ST