311 EXCHANGE PL, New Orleans, LA 70130
311 EXCHANGE PL, New Orleans, LA 70130
311 EXCHANGE PL, New Orleans, LA 70130
311 EXCHANGE PL, New Orleans, LA 70130
311 EXCHANGE PL, New Orleans, LA 70130
311 EXCHANGE PL, New Orleans, LA 70130
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Shelly Paternostro

Shelly Paternostro

+1(504) 382-7777
Listed byBridgewater Realty Advisors • Bryce A Danna-Marullo • 504-901-0463
$ 2,250,000
Est. payment | /mo

5,857 SqFt

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$ 2,250,000
Est. payment | /mo
Save Virtual Tour

5,857 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,857 sqft

Price per Sqft $384

MLS Listing ID 2542894

HOA Y/N No

Year Built 1837

Acres 0.05

Lot Dimensions 41x53

Property Sub-Type Commercial

Source ROAM MLS

Land Area 5857

Property Description

Renovated & 100% Leased, $16,750 per month actual gross rents! 6 unit Mixed Use, ground floor retail, upper floor residential. 311 Exchange Place offers the opportunity to own the "Edgar Degas House" a fully renovated historic property with a mix of residential and commercial space in the heart of the French Quarter. Featuring 5,857 square feet across multiple units, this asset combines irreplaceable French Quarter architecture with extensive modern upgrades including a new elevator and renovated interiors. The building's courtyard has been beautifully restored and its exterior proudly displays a commemorative plaque marking where Edgar Degas once painted, adding unique cultural value. Positioned on one of the Quarter's most desirable pedestrian corridors, this property benefits from strong year-round foot traffic and limited competing inventory making it an exceptional investment for long-term income and appreciation. Two ground floor commercial spaces and four spacious 2 bedroom, 1 bath apartments altogether. Seller financing available, 30 yr AM, 5-7 yr balloon, min. 20% down, rate negotiable.

Location

State LA

County Orleans

Area 0.05

Zoning VCC-1

Interior

Fireplace No

Exterior

Utilities Available Natural Gas Available

Garage No

Building

Lot Description Other

Water Public

New Construction No

Others

Tax ID 206102602

Virtual Tour https://www.propertypanorama.com/instaview/roam/2523852

ROAM MLS

NEARBY SCHOOLS & PROPERTIES

Shelly Paternostro

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
–Franklin D. Roosevelt

+1(504) 382-7777

shellypaternostro@me.com

203 Bradwall Street Luling, LA 70070, Luling, LA 70070, USA

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311 EXCHANGE PL