1216 Bienville St - Retail FOR SALE


New Orleans, LA 70112- French Quarter
$675,000 USD
504-494-4463
1216 Bienville St, New Orleans, LA for Sale
$675,000 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

1216 Bienville St
New Orleans, LA 70112
French Quarter


OVERVIEW

Highly motivated seller! Take advantage of an approved federal tax credit and start building right away. This property is construction-ready, with all required city approvals already in place, saving you time and helping streamline the building process. Own a rare piece of New Orleans history with Frank Early's My Place Saloon, one of only three surviving buildings from the legendary Storyville era. Ideally located just steps from Basin Street and Canal Street, this landmark property presents an exceptional opportunity for investors, developers, or preservation enthusiasts. Approved renovation plans feature a spacious three-bedroom, two-bath apartment on the second floor, with strong potential for approval as a Commercial Short-Term Rental. The ground floor, formerly a convenience store, offers flexible possibilities for conversion into a restaurant, retail space, office, or another commercial use. The property is truly shovel-ready, with full renovation approvals already secured from the Historic District Landmarks Commission and the Department of Safety and Permits. The sale includes complete architectural plans by Adamick Architecture for both the second-floor residence and a restaurant build-out on the ground floor. Adding to its exceptional value, the project has received both Federal and State Historic Tax Credit approvals through Parts I and II, creating significant financial incentives for redevelopment. The owner also owns a second property at 1534 St Louis, that is the second of the three remaining structures from the Storyville Era.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1216 Bienville

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1897

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,728 SF

ZONING

HU-MU

APN/PARCEL ID

2-06-1-045-12

ASK ABOUT THIS PROPERTY

Zella MayZ Group, LLCMore Info
504-494-4463

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Zella MayZ Group, LLCMore Info
504-494-4463

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