Mixed Use Commercial

Retail-Commercial for Sale
Catylist Listing ID: 30810027
Property Subtypes: Mixed Use
Building Size (RSF): 9,845 SF
Gross Land Area: 3,035 SF
Sale Price: $4,600,000
Unit Price: $467.24 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/15/2022

Overview / Comments

Beautiful fully renovated in 2016 mixed use commercial building. The property consist of 6 luxury one bedroom apartments, a two story townhouse style penthouse with private balcony, and a triple net ground floor retail commercial space in the heart of the French Quarter. While on one of the most traveled streets in the French Quarter giving ample visibility for ground floor commercial, behind the 100+ year old brick walls you'll find the quiet escape desired for luxury residential living. The details in the apartment units include granite counter tops, 12+ft ceilings, White Oak floors, floor to ceiling windows, smart mirrors, stainless steel kitchen appliance, ample closets or storage space and exposed brick and rafters to provide the historic New Orleans feel for a contemporary luxury living experience. 309 Chartres central location in the French Quarter provides for ample entertainment, shopping, hotels, and world class restaurants at the convenience of a short walk. Three of the top restaurants in the city are located on the same street such as Doris Metropolitan, Justine, and Tableau. Brennan's, Galatoire's, GW Fins and much more are within blocks. 5 star top Hotels in the walking area include The Royal Orleans, Four Seasons, Hotel Monteleone, Ritz Carlton, The Windsor Court, and The Roosevelt. Accompanying these hotels and restaurants are great shopping as well including a 30,000SF+ clothing and home H&M, Saks Fifth Avenue, Louis Vuitton, Sephora, Urban Outfitters, world class antiques, and art gallery's. Broker/Agent

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: French Quarter
Tax ID/APN: 41022645
Zoning: VCC-2
Property Located Between: Bienville and Conti 2 blocks off Decatur 1 block off Royal St
Site Description: Great street frontage for commercial unit as well as secured access to the residential units. All units equipped with personal password for entrance as well as audio and camera security system in unit to allow for monitoring front door access. The developers added a new slate roof in 2016, sprinkler system an residential elevator. Full size washer/dryers are in each unit, trash and postal room, central A/C and heat in all units. The details in the apartment units include granite counter tops, 12+ft ceilings, White Oak floors with custom finishing, floor to ceiling windows, smart mirrors, stainless steel kitchen appliance, ample closets or storage space and exposed brick and rafters to provide the historic New Orleans feel for a contemporary luxury living experience.
Area Description: Nestled in the heart of the French Quarter you'll find ample contract parking across the street and within a block, minutes from great shopping, restaurants, grocery stores, galleries and various entertainment venues. A short 2 minute walk in one direction will take you to center of the French Quarter: Jackson Square, The Presbytere, The Cabildo and The Pontabla Apartments, oldest in America, while a 2 minute walk the other direction will take you to Canal Place for high end shopping, The Four Seasons, Ceaser's Casino, The Aquarium, The Southern Comfort Museum and so much more!
Total Number of Buildings: 1
Number of Stories: 4
Property Condition: Excellent
Year Built: 1833
Year Renovated: 2016
Roof Type: Gable
Construction/Siding: Stucco
Exterior Description: A brick and Stucco exterior
Parking Type: Other
Parking Description: Valet parking is offered at the W hotel directly across the street, the Monteleone Hotel 1/2 block away, indoor lot on Solaris on Iberville and Royal, 516 Bienville-one block away, outdoor lot on Iberville and Decatur. All offer monthly contract parking.
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: BUILDING HEIGHT & AREA 3 STORIES AT 3,040 S.F. EACH, 4TH FLOOR AT 725 S.F. 6 RESIDENTIAL UNITS = 5,860 S.F. COMMERCIAL TENANT = 2,245 S.F. CIRCULATION (CORRIDOR, STAIR AND ELEVATOR) = 1,329 S.F. MISC. (TRASH STORAGE, MECHANICAL CHASE) = 410 S.F. TOTAL BUILDING AREA 9,845 SF
Zoning Description: The VCC-2 Vieux Carré Commercial District is intended to provide for retail and service establishments that attract and service local residents and visitors, permitting more intensive commercial uses than in the VCC-1 District, yet protecting the quality of life of the adjacent residential uses and the overall character of the Vieux Carré. This district includes the major shopping area of the Vieux Carré.
Lot Frontage: 31 ft
Lot Depth: 101 ft
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 1. SQ 37 LOT 4 CHARTRES 31X101

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,277 187,982 400,219
Median Age: 42.31 36.06 36.83
Households: 9,654 82,911 167,812

Contact

Photograph of Listing Agent

Sydney Anderson

Sydney Anderson Realty, LLC New Orleans, LA
LACDB Member
© Copyright 2001-2022 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.