1027 Ninth StNew Orleans, LA 70115

Property Details for 1027 Ninth St

Property size (Sq ft)

3,810 SF

Property type

Retail properties

Property subtype

Office properties

Description

This mixed-use property in New Orleans' Uptown neighborhood offers a unique investment opportunity. Located at 1027 Ninth Street, this two-story, 3,810 square foot building sits on a 3,920 square foot lot and is zoned HU-RD2. The property currently features a ground floor commercial space (513 sq ft) occupied by a hair salon on a month-to-month lease, and a large ground floor residential unit (previously two apartments, now combined into one). The second floor is currently used as a law office and can be easily converted back to residential use. The building boasts attractive features including 12-foot mahogany doors with transoms, a marble foyer, a crystal chandelier, a spectacular double staircase, granite kitchen, 42-inch cabinets, mahogany floor doors, and a master suite with granite, a whirlpool tub, and shower. The second floor also features 12-foot ceilings and chandeliers. While the current zoning is HU-RD2, the previous B1-A zoning is grandfathered in for the existing ground floor commercial tenant. The asking price is $895,000, representing a price per square foot of $325.26 and a price per unit of $334.65. This property presents a compelling blend of commercial and residential income potential in a highly desirable location. The property's location near Magazine Street adds to its appeal. This is a cash-to-seller transaction.

Location Insight

City

New Orleans

County

Orleans Parish

State

Louisiana

Latitude

29.9238

Longitude

-90.0859

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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 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 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].