Commercial/Residential Property: Great Investment Opportunity

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30524175
Property Subtypes: Mixed Use, Other
Building Size (RSF): 3,229 SF
Gross Building Area: See Agent
Sale Price: $2,250,000
Unit Price: $696.81 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/14/2021

Overview / Comments

Incredible commercial/residential property located on the corner of Chartres & Bienville Street, making this an extremely desirable location to own in the French Quarter! 241 Chartres includes 3 stories, with the 1st level as commercial space & remaining levels as residential space (4 units) with balcony access. Property includes 5.5 BATHS total, tons of storage space and a beautiful, new wrap-around balcony. Don't miss the chance to own this dynamic space in a high-demand area with endless potential!

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: French Quarter
Tax ID/APN: 41021860
Zoning: VCC-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Located Between: Bienville St. & Iberville St.
Property Visibility: Excellent
Largest Nearby Street: S. Peters Street, Bienville Street, Iberville Street
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1839
Year Renovated: 2003
Roof Type: Other
Construction/Siding: Brick, Concrete
Parking Type: Other
Freight Elevators: 1
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 1. SQ 36 LOT 13 CHARTRES AND 2. BIENVILLE 20X53

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,406 187,745 402,127
Median Age: 42.13 36.05 36.85
Households: 9,701 82,813 168,640


Photograph of Listing Agent

Michael Wilkinson

French Quarter Realty New Orleans, LA 70116
LACDB Member
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