For Sale
$1,390,000

235 Chartres StNew Orleans, LA 70130

Historic building, prime location, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional three-story, 3,167 square foot storefront at 235 Chartres Street in New Orleans' vibrant French Quarter presents a unique investment opportunity. Built in 1850 and extensively renovated in 2020, this property boasts a prime location with high visibility and substantial foot traffic from both tourists and locals. The ground floor offers a thriving retail space, currently operating at 100% occupancy. The second and third floors comprise attractive apartments, each featuring a private balcony overlooking Chartres Street. The second floor offers potential for additional retail use, enhancing the property's flexibility. The third-floor apartment includes a private bedroom and washer/dryer hookups. All three floors include full bathrooms. The property sits on a 1,060 square foot lot and is zoned VCC-2. With its blend of commercial and residential space, this building is ideal for owner-occupancy or as a lucrative investment property. The asking price is $1,390,000, translating to $438.90 per square foot. This is a rare chance to acquire a dynamic property in a high-demand area with significant upside potential. The property's APN is 206102409.

Highlights

  • $1,390,000 asking price for this 3,167 SF retail storefront.
  • Prime French Quarter location at 235 Chartres St, New Orleans, LA.
  • Sale/leaseback opportunity with a gross lease.
  • 100% occupancy with three units (one commercial, two residential).
  • Three-story building (1850, renovated 2020) on a 1,060 SF lot, APN 206102409.

Property Details for 235 Chartres St

Property type
Retail properties, Retail space
Square Feet
3,167 SF
Year Built/Renovated
1850/2020
Buildings
1
Stories
3
Units
3

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9541458
Longitude
-90.0668747
235 Chartres St, New Orleans, Louisiana

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235 Chartres St
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