French Quarter Redevelopment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30869498
Property Subtypes: Mixed Use
Building Size (RSF): 5,400 SF
Gross Land Area: 3,400 SF
Sale Price: $1,200,000
Unit Price: $222.22 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 4/10/2024

Overview / Comments

Built in 1840, this ~5,408 Square-foot, three story property is situated in the French Quarter with nearby parking and easy access to the surrounding area. The property includes three courtyard spaces, balconies facing Burgundy, making this property an excellent opportunity for a commercial development.

See link for approved uses under VCC-2 Zoning: https://czo.nola.gov/article-10/

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: French Quarter
Tax ID/APN: 206103613
Zoning: VCC-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention, Other
Property Located Between: North Rampart Street & Dauphine Street
Property Visibility: Excellent
Largest Nearby Street: North Rampart Street
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Poor
Year Built: 1840
Roof Type: Gable
Construction/Siding: Brick, Stucco

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,065 189,331 405,944
Median Age: 40.93 35.94 37.02
Households: 10,723 82,927 170,770

Contact

Photograph of Listing Agent

Jacob Watts

Engel & Volkers New Orleans Metairie, LA 70005
LACDB Member
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