407-557-3847
1128 Decatur St, New Orleans, LA for Sale
Storefront Retail/Residential - FOR SALE
1/4
null | Request Cap Rate

1128 Decatur St
New Orleans, LA 70116
French Quarter


HIGHLIGHTS

  • Surrounded by Popular Businesses & Major Tourist Attractions (Café Du Monde, St. Louis Cathedral, Jackson Square, etc…)
  • Attractive Demographics | Population Over 160,000 Within Three Miles; $86,810 AHHI Within One Mile
  • New Orleans is a One-of-a-Kind Destination in the United States | Famous for Their Creola and Cajun Cuisine, Jazz Music and Brass Bands, and Historic

OVERVIEW

• Unique Opportunity to Own a Mixed-Use Building on a Prime Commercial Strip in the Highly Coveted French Quarter • Irreplaceable Real Estate | Located Within Three Blocks From New Orleans’ Famous Bourbon Street • Tight Submarket with Only 3% Market Vacancy • Two Similar Mixed-Use Properties for Sale by Same Owner Within Two Blocks of Subject – See Agent for Details • 1128 Decatur (4,450 Rentable SF, Two-Story Building): - First Floor Consists of Roughly 2,250 SF of Commercial Space (Fully Leased to Weber Enterprises) - Second Floor Consists of (Two) 2Bed/2Bath Residential Units (Overlooking French Market Place) - Significant Seller Upgrades/Renovations During Ownership

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

VCS

APN/PARCEL ID

2-08-1-001-07

ASK ABOUT THIS PROPERTY

Ray TurchiMarcus & MillichapMore Info
407-557-3847

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Ray TurchiMarcus & MillichapMore Info
407-557-3847

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.