French Quarter Development Opportunity | Decatur St.

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30868492
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 10,287 SF
Gross Building Area: See Agent
Gross Land Area: 2,910 SF
Sale Price: $2,650,000
Unit Price: $257.61 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Last Updated: 4/9/2024

Overview / Comments

Unparalleled French Quarter development opportunity located at the gateway of the vibrant French Quarter, 211 Decatur St, next door to the legendary House of Blues. This four-story historic tax-credit-eligible gem represents not just a piece of real estate but a slice of history, promising a blend of heritage and modern potential. Spanning a significant approx.10,287 SF of improvements the property is supplemented by an elevator shaft is sited on a prime approx. 2,910 SF parcel. The site is currently zoned VCE-1 (Vieux Carre Entertainment District) allowing for a multitude of uses.

Seize the opportunity to own a piece of New Orleans' legendary landscape!

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: French Quarter
Tax ID/APN: 206101803
Zoning: VCE-1
Property Located Between: Decatur Street
Property Visibility: Excellent
Area Description: The French Quarter, also known as the Vieux Carre, is the oldest neighborhood in the city of New Orleans. After New Orleans (French: La Nouvelle-Orléans) was founded in 1718 by Jean-Baptiste Le Moyne de Bienville, the city developed around the Vieux Carre ("Old Square" in English), a central square. The district is more commonly called the French Quarter today, or simply "The Quarter," related to changes in the city with American immigration after the 1803 Louisiana Purchase. Most of the extant historic buildings were constructed either in the late 18th century, during the city's period of Spanish rule, or were built during the first half of the 19th century, after U.S. annexation and statehood.
Number of Stories: 4
Zoning Description: VCE-1 (Vieux Carre Entertainment District) - The purpose of this district is to provide for entertainment places and restricted retail stores along Decatur and N. Peters Streets that attract and serve visitors and local residents.
Lot Frontage: 34

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,022 186,184 397,789
Median Age: 42.93 36.06 36.76
Households: 9,662 82,156 166,821

Contact

Photograph of Listing Agent

Reed L Wiley

Latter & Blum Holding Company New Orleans, LA 70130
LACDB Member
Photograph of Listing Agent

Daniel Marse

NAI/Latter & Blum Commercial New Orleans New Orleans, LA 70130
LACDB Member
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