425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
425 DECATUR ST, New Orleans, LA 70130
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Shelly Paternostro

Shelly Paternostro

+1(504) 382-7777
Listed byBerkshire Hathaway HS - Lakeview • Blake A Rose • 504-766-6705
$ 4,950,000
Est. payment | /mo

7,275 Sqft Lot

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$ 4,950,000
Est. payment | /mo
Save Virtual Tour

7,275 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2578666

HOA Y/N No

Year Built 1850

Lot Size 7,275 Sqft

Acres 0.17

Lot Dimensions 34 x 214

Property Sub-Type Commercial

Source ROAM MLS

Property Description

PREMIER RETAIL and DEVELOPMENT OPPORTUNITY in one the busiest, most high-demand parts of the beautiful New Orleans FRENCH QUARTER. At almost 20,000 square feet, this HISTORIC 3-story building dates from roughly 1850 and brings in over $20K/month in rental income from the 2x retail tenants on the 1st floor with potential for much, MUCH more.The 2nd and 3rd floors are in a shell state and ready to be built out into HIGH-END office and/or multifamily spaces. Ownership is in the process of having architectural plans for LUXURY CONDOS approved by the HDLC and will share with buyer under appropriate circumstances. Both upper stories have VERY HIGH CEILINGS, making a comfortable buildout suitable, even with room for as yet to be installed HVAC and plumbing systems.Tujague's and the New Orleans Jazz National Historical Park Visitors Center make for excellent neighbors. VCC-2 zoning. Flood zone x.

Location

State LA

County Orleans

Area 0.17

Zoning VCC-2

Interior

Fireplace No

Exterior

Utilities Available Natural Gas Available

Garage No

Building

Lot Description Other

Water Public

New Construction No

Others

Tax ID 206101608

Virtual Tour https://www.propertypanorama.com/instaview/roam/2578666

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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425 DECATUR ST