For Sale
$3,670,000

401 Decatur StNew Orleans, LA 70130

Prime Location, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property, located at 401 Decatur Street and encompassing 505 & 507 Conti Street in the heart of New Orleans' French Quarter, presents a compelling redevelopment opportunity. The three interconnected buildings, totaling 9,424 square feet, boast four stories and elevator service. Built in 1800, the property is zoned VCC-2 and offers a unique blend of retail space and upper-floor apartments. The second floor presents additional retail potential, enhancing the property's versatility. Situated on a prominent corner, this location benefits from high tourist and local foot traffic, making it ideal for a variety of uses. The 400 block of Decatur Street is known for its strong retail presence, including numerous national retailers. This offering includes the sale of 509 Conti Street, creating a significant and cohesive investment opportunity. The asking price is $3,670,000, translating to $389.43 per square foot. This is a rare chance to acquire a dynamic space in a vibrant, high-demand area, with a motivated seller eager to finalize a transaction. The property's visibility and location within the French Quarter ensure a strong return on investment. Don't miss this chance to own a piece of New Orleans history and capitalize on its immense potential.

Highlights

  • $3,670,000 asking price for a mixed-use, owner-user redevelopment opportunity.
  • 9,424 square feet, with a price per square foot of $389.43.
  • Three interconnected buildings totaling 4 stories, built in 1800, with elevator service.
  • Prominent corner location in the heart of the French Quarter, New Orleans, at 401 Decatur St, including 505 & 507 Conti St.
  • VCC-2 zoning.

Property Details for 401 Decatur St

Property type
Retail properties, Mixed-use properties
Square Feet
9,424 SF
Year Built
1800
Buildings
3
Stories
4

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9545258
Longitude
-90.0649919
401 Decatur St, New Orleans, Louisiana

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401 Decatur St
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