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$ 2,400,000
Est. payment | /mo
5,417 SqFt
$ 2,400,000
Est. payment | /mo
5,417 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,417 sqft
Price per Sqft $443
MLS Listing ID NO2491773
Lot Size 3248.000 Acres
Acres 0.0746
Property Sub-Type Retail
Property Description
Rare opportunity to purchase a fully leased mixed use circa 1895 two story Victorian commercial retail/residential building in the heart of Frenchmen Street's lively entertainment district. Property is zoned HMC-1. Located in the most desirable block between Royal and Chartres streets, all rental units are currently occupied on a month-to-month basis. Offering endless opportunities, the floorplan is currently comprised of one large 1626 SF ground floor retail space with a 1582 SF mezzanine overlooking the ground floor retail space and 3 residential units. The 2086 SF of living space is divided among 3 second story one-bedroom apartments (900 - 1100 SF) with one (1064 SF) operating as a licensed commercial vacation rental with a private front entrance on Frenchmen. A large private balcony is accessed via the vacation rental unit and overlooks the vibrant Frenchmen street scene. The remaining two apartments are accessed by a rear exterior staircase and share a second story porch. In addition, there is a 365 SF storage area in the rear and 2 adjacent covered workrooms. This unbeatable location with a Walk Score of 96 is within minutes of restaurants, bars, retail stores, Washington Square Park and the Riverfront. Contract parking is available at nearby parking lots. This property may qualify for state and local tax credit programs.
Location
State LA
Zoning HMC-1
Exterior
Parking Features None
Garage false
Building
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Tax ID 37W100521
Acceptable Financing Owner Will Carry
Listing Terms Owner Will Carry
Listed by Crescent Sotheby's International