Sealed Bid Offering- Large French Quarter Opportunity

Special Purpose for Sale
Sale Pending/Contingent
Catylist Listing ID: 30336787
Property Subtypes: Assembly/Meeting Place, Health Care/Medical, Museum/Gallery, Senior Housing, Other
Status: Pending/Contingent
Building Size (RSF): 39,000 SF
Gross Building Area: See Agent
Gross Land Area: 52,000 SF
Sale Price: $1
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 2/5/2019

Overview / Comments

An exceptional development opportunity in the French Quarter of New Orleans, LA. Containing one of the very few Carmelite Monasteries and Chapel in the United States, this property features multiple parcels and structures with multiple opportunities. Rare chance to purchase one of the largest parcels available in historic French Quarter. Property includes large Church with 2 reception wings, 2 large parcels of land, corner building, attached center hall cottage, and Rampart parking lot across the street.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: French Quarter
Tax ID/APN: 41203082
Property Located Between: Barracks, Gov. Nicholls
Property Visibility: Excellent
Largest Nearby Street: Rampart
Feet of Frontage: 322
Airports: MSY
Site Description: Huge parcel with multiple lots. Contains church with 2 reception wings, 2 large lots of prime French Quarter land, converted monastery, attached center hall cottage
Year Built: 1877
Parking Description: Parking lot included in package. Also tone of parking available on French Quarter side.
Zoning Description: Zoning: VCC-2; Vieux Carre’ Commercial District (±28%) VCR-1; Vieux Carre’ Residential District (±72%)
In Flood Plain?: Yes
Lot Frontage: 133
Lot Depth: 81
Water Service: Municipal
Sewer Type: Municipal
Legal Description: As per title

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,038 174,794 383,912
Median Age: 39.62 36.3 36.36
Households: 13,227 76,849 161,500


Photograph of Listing Agent

George Jeansonne

French Quarter Realty
New Orleans, LA
LACDB Member
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