For Sale
$1,015,000

1231 Decatur St New Orleans, LA 70116

Turnkey Business & Real Estate

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional opportunity presents a fee-simple ownership of a thriving 879 square foot collectibles, gifts, jewelry, and antiques store in New Orleans' historic French Quarter. Located at 1231 Decatur Street, within the Paxton House Condominiums, this Class B commercial condominium boasts a strong pro-forma NOI of $71,358. The asking price of $1,015,000 includes the real estate, inventory, fixtures, furniture, and established clientele. Operating since 2001, this well-established business benefits from its prime location in the Vieux Carre Commercial District, attracting a loyal customer base and capitalizing on the city's robust tourism. The VCC-1 zoning ensures flexibility for future uses. This turnkey investment offers a unique blend of historical charm and established business success, making it an ideal opportunity for an owner-user seeking a profitable venture in a vibrant and sought-after location. The property's 879 square feet provide ample space for retail operations, and the included inventory and fixtures allow for immediate commencement of business. This is a rare chance to acquire a piece of New Orleans' rich history and thriving commercial landscape. The property is located in Orleans Parish, Louisiana, zip code 70116.

Highlights

  • $1,015,000 asking price for a fee simple ownership of a Class B retail condominium.
  • 879 square feet of retail space in a collectibles, gifts, jewelry & antiques store.
  • Turnkey investment opportunity including real estate, inventory, fixtures, furniture, and client list.
  • Located at 1231 Decatur St, New Orleans, LA 70116 in the Vieux Carre Commercial District.
  • Pro-forma NOI of $71,358.

Property Details for 1231 Decatur St

Property type
Retail properties
Square Feet
879 SF
Class
B

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.961239287387
Longitude
-90.058879222585

FAQs

What type of property is this?
Retail property - Turnkey Business & Real Estate
Where is the retail property located?
The property is located at 1231 Decatur St New Orleans, LA.
What is the asking price?
The asking price for this property is $1,015,000.
What are key features of this property?
This property features: $1,015,000 asking price for a fee simple ownership of a Class B retail condominium.; 879 square feet of retail space in a collectibles, gifts, jewelry & antiques store.; Turnkey investment opportunity including real estate, inventory, fixtures, furniture, and client list.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1231 Decatur St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message