313 EXCHANGE PL, New Orleans, LA 70130
313 EXCHANGE PL, New Orleans, LA 70130
313 EXCHANGE PL, New Orleans, LA 70130
313 EXCHANGE PL, New Orleans, LA 70130
313 EXCHANGE PL, New Orleans, LA 70130
313 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
$ 6,765,000
Est. payment | /mo

20,010 SqFt

Save Virtual Tour
$ 6,765,000
Est. payment | /mo
Save Virtual Tour

20,010 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 20,010 sqft

Price per Sqft $338

MLS Listing ID 2524309

HOA Y/N No

Year Built 1850

Lot Dimensions VAR

Property Sub-Type Commercial

Source ROAM MLS

Land Area 20010

Property Description

Actual gross rent of $44,550 per month. 20 of 22 units leased, reach out to agent for rent roll and financials. Seller financing available. This (6) building, 22-unit portfolio offers a rare, generational opportunity to acquire a strategically located mix of commercial, multifamily, and residential assets in the heart of the French Quarter—one of the most supply-constrained and historically stable submarkets in the region. The portfolio includes a majority of residential apartments complemented by ground floor commercial spaces, with several properties on the National Historic Registry. Seller financing available, 30 yr AM, 5-7 yr balloon, min. 20% down, rate negotiable. The properties showcase extensive recent capital improvements while preserving their historic charm. 525 Conti features brand-new roof, 1524 St. Mary St has new gutters, 307 Exchange has a new elevator, and 522-24 Burgundy St includes an award-winning renovation. Additional highlights include new renovations for most units and the courtyard interior at 307 Exchange —where Edgar Degas painted and where a commemorative plaque remains on the exterior.All assets occupy prime locations within historically protected districts that benefit from year-round foot traffic and limited new construction. These properties have consistently attracted successful commercial tenants and long-term residential tenants, ensuring stable occupancy and proven demand. Historic architecture combined with modernized systems and recent renovations supports ongoing operational viability and long-term appreciation making this portfolio a once in a lifetime opportunity.

Location

State LA

County Orleans

Interior

Cooling Central Air

Fireplace No

Exterior

Utilities Available Natural Gas Available

Roof Type Flat, Shingle

Garage No

Building

Lot Description Other

Water Public

New Construction No

Others

Tax ID MULT

Virtual Tour https://www.propertypanorama.com/instaview/roam/2524309

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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313 EXCHANGE PL