For Sale
$1,400,000

509 Conti StNew Orleans, LA 70130

Prime location, high-demand area. Great investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 509 Conti Street in the heart of New Orleans' French Quarter (zip code 70130), presents a compelling investment opportunity. The four-story building boasts a total of 4,006 square feet, with a desirable blend of commercial and residential space. The ground floor offers valuable retail space, perfectly positioned to capitalize on the area's high tourist and local foot traffic. The second and third floors comprise attractive apartment units, providing a steady stream of rental income. A substantial attic space adds further potential for development or expansion. The property is zoned VCC-2. This building is being sold as part of a multi-property package including 401 Decatur Street and 505 & 507 Conti Street. The asking price is $1,400,000, translating to $349.48 per square foot. This represents a significant opportunity to acquire a well-situated, income-generating asset in a vibrant and sought-after location. The property's prime location and versatile layout offer endless possibilities for a savvy investor.

Property Details for 509 Conti St

Property type
Retail properties, Mixed-use properties
Square Feet
4,006 SF
Stories
4

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9546369
Longitude
-90.065097
509 Conti St, New Orleans, Louisiana

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509 Conti St
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