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Listed byCompass Historic • John L Schaff • 504-948-3011
$ 3,950,000
Est. payment | /mo
$ 3,950,000
Est. payment | /mo
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2582789
HOA Y/N No
Year Built 1890
Lot Dimensions 106x46
Property Sub-Type Commercial
Source ROAM MLS
Property Description
RARE INVESTMENT & DEVELOPMENT OPPORTUNITY ON ICONIC FRENCHMEN STREET!An extraordinary opportunity to own a piece of New Orleans history in the heart of Faubourg Marigny! Prominently situated at Frenchmen and Decatur Streets, this distinctive three-story commercial property combines historic character, a premier location, and exceptional redevelopment potential.Currently home to the legendary Louisiana Music Factory on the ground floor, the expansive second and third floors offer exciting possibilities for residential apartments, a boutique hotel, or a unique mixed-use destination.An added advantage is the existing curb cut and garage door, offering potential for on-site parking or convenient off-street access—a valuable feature in this vibrant entertainment district.The impressive rooftop presents an opportunity to explore a shared outdoor gathering space. Imagine an elevated retreat above one of New Orleans' most celebrated cultural corridors!Surrounded by renowned live-music venues, restaurants, galleries, and locally owned shops, and just steps from the French Quarter, this exceptional location captures the authentic spirit of New Orleans.A rare opportunity to own a landmark property in one of the city's most celebrated destinations. Bring your vision and become part of the next chapter of Frenchmen Street!All proposed uses, rooftop additions, and parking configurations are subject to applicable zoning, historic preservation requirements, structural feasibility, and necessary approvals.
Location
State LA
County Orleans
Zoning HMC-2
Interior
Fireplace No
Exterior
Garage Spaces 2.0
Utilities Available Natural Gas Not Available
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot
Water Public
New Construction No
Others
Tax ID 37W100112
Security Features Fire Sprinkler System
Virtual Tour https://www.propertypanorama.com/instaview/roam/2582789
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