French Quarter Commercial Space

Retail-Commercial for Sale
Catylist Listing ID: 30867506
Property Subtypes: Street Retail
Condo? Yes
Building Size (RSF): 1,845 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Ceiling: 16 ft.
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/1/2024

Overview / Comments

Prime French Quarter Retail! Location x 3. This commercial condo is now available for sale, for the first time ever. Rare opportunity to own a retail space in this iconic city with more than 13 million visitors each year. Chartres Street is known for its bustling foot traffic, and shopping opportunities. This exceptional retail space includes large display windows on Chartres St, soaring ceilings, expansive retail floor space, huge storage room/office, plus bathroom. Renovated in 2016, this condo features all updated electrical, plumbing and hvac, plus concrete floors, brick accent walls, and an alarm/sprinkler system. Large double doorsfrom the street with dedicated entrance separate from residences. 13 residential condos in building. This prime space is located within blocks of world class restaurants, shopping & entertainment, Canal Street, House of Blues, Caesars Casino, WaldenbergPark, Riverfront, hotels, parking and public transportation. This commercial condo comes with the advantage of being part of a well-managed HOA. Condo fees include water/sewer/trash, termite contract, building maintenance, property insurance, elevatorand sprinkler system maintenance. Zoned VCC-2

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: French Quarter
Tax ID/APN: 206101821
Is Condo?: Yes
Zoning: VCC-2
Retail Clientele: General, Traveler, Tourist, Convention, Casino
Property Located Between: Canal St and Jackson Square
Property Visibility: Excellent
Largest Nearby Street: Canal
Feet of Frontage: 34
Highway Access: Hal mile to I-10
Airports: MSY
Site Description: Retail condo on the ground floor of a beautifully renovated building with 13 residential condos above it.
Area Description: The French Quarter.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 4
Property Condition: Excellent
Year Built: 1909
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Block, Brick
Exterior Description: Block & brick
Parking Description: No on-site parking
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Zoning Description: VCC-2
Lot Frontage: 34
Lot Depth: 134
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 1. SQ 30 CHARTRES ST 2. LOT K 34X143 3. 216 CHARTRES STREET

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,714 187,661 402,127
Median Age: 41.65 36.05 36.85
Households: 9,787 82,746 168,640

Contact

Photograph of Listing Agent

ED Shedlock

French Quarter Realty New Orleans, LA 70116
LACDB Member
© Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.