1534 Saint Louis St - Retail FOR SALE


New Orleans, LA 70112- Iberville
$295,000 USD
504-494-4463
1534 Saint Louis St, New Orleans, LA for Sale
$295,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

1534 Saint Louis St
New Orleans, LA 70112
Iberville


OVERVIEW

oe Victor’s Saloon and Grocery, located in the historic Storyville district, is one of only three remaining buildings from this iconic era of New Orleans’ famed Red Light District. Ideally situated just three blocks from Basin Street and within a short walk of the French Quarter, the property offers a unique blend of historic significance and prime location. This is a rare opportunity to own an authentic piece of New Orleans history. Current plans envision a 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 and currently unoccupied, offers flexible redevelopment potential—ideal for a restaurant, bar, retail space, or office use. Zoned MU-2, a list of potential uses is attached. Architectural drawings are available for review, outlining a thoughtful renovation that includes a restaurant build-out on the ground floor and a residential unit above. Additionally, the owner holds a second property at 1216 Bienville Street, which represents another of the three remaining structures from the Storyville era—presenting a unique opportunity for a combined or portfolio acquisition.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1534 Saint Louis

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,589 SF

ZONING

MU-2

APN/PARCEL ID

2-06-1-052-04

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.