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Sharon Dallalio

sharonsellsbr@gmail.com +1(225) 535-8907

Listed byCrescent Sotheby's International • Gary Douglas Adams • 504-944-3605

$ 1,275,000

Est. payment | -/mo

5,058 SqFt

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$ 1,275,000

Est. payment | -/mo

Save Virtual Tour

5,058 SqFt

Key Details

Property Type Other Types

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,058 sqft

Price per Sqft $252

MLS Listing ID 2555828

HOA Y/N No

Year Built 1830

Acres 0.08

Lot Dimensions 25x130

Property Sub-Type Commercial

Source ROAM MLS

Land Area 5058

Property Description

There are properties you buy — and then there are properties that choose you. This four-story mixed-use building, zoned Vieux Carré Commercial (VCC), sits at one of the most coveted addresses in America, offering four income streams, extraordinary original architecture, and significant upside potential upon renovation.Steps from the French Market, the Mississippi River, the New Orleans Jazz Museum, and the newly opened Goldring Woldenberg Riverfront Park — creating nearly 2¼ miles of continuous riverfront access. Thousands of visitors walk this block of Decatur Street daily.GROUND FLOOR — A retail tenant in place with a 10-year lease, generating income from day one. Classic French Quarter storefront with original display windows and exceptional street presence.SECOND FLOOR — A one-bedroom apartment with wide-plank hardwood floors, ornate original millwork, full kitchen and bath, and French doors opening onto a gallery overlooking Decatur Street.THIRD FLOOR — An expansive signature space boasting two fireplaces, rich architectural details, and a private balcony with sweeping views over the Quarter. A premium rental or owner's residence in the making.FOURTH FLOOR — A finished attic-level studio with stained glass skylights, an oversized cast-iron soaking tub, and a magnificent marble sink. A space that rewards imagination.REAR COURTYARD & DEPENDENCY — A laid-brick private courtyard leads to a two-story dependency producing rental income for over 20 years, featuring a one-bedroom layout with an original two-sided fireplace.Proven revenue streams. A 10-year retail lease. A globally recognized location. Original brick, iron, timber, and marble that cannot be reproduced at any price. For the investor prepared to renovate, this property offers a generational return in one of America's most enduring real estate markets.

Location

State LA

County Orleans

Area 0.08

Zoning VCC-1

Direction FROM N PETERS ST TURN ONTO BARRACKS ST THEN TURN ONTO DECATUR ST. PROPERTY IS RIGHT PASSED GOVERNOR NICHOLLS ST. ON THE RIGHT SIDE OF DECATUR.

Interior

Fireplace No

Exterior

Utilities Available Natural Gas Available

Garage No

Building

Lot Description Other

Water Public

New Construction No

Others

Tax ID 208100516

Virtual Tour https://www.propertypanorama.com/instaview/roam/2555828

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+1(225) 535-8907

sharonsellsbr@gmail.com

Baton Rouge, LA 70810, USA

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1127 DECATUR ST New Orleans, LA 70116