521 Saint Philip St - Storefront Retail/Residential FOR SALE


New Orleans, LA 70116- French Quarter
$999,000 USD
504-525-9763
521 Saint Philip St, New Orleans, LA for Sale
$999,000 USD
Storefront Retail/Residential - FOR SALE
1/29
null | Request Cap Rate

521 Saint Philip St
New Orleans, LA 70116
French Quarter


OVERVIEW

521 St. Philip Street provides a unique opportunity to acquire not only a highly desired commercial condo in the heart of the French Quarter, but also an incredible piece of New Orleans history. This building was the original home of the "Witch's Workshop" opened by Priestess Mary Oneida Toups, a White Witch, known to many as one of the most powerful Witches to have practiced in New Orleans. Today, the White Witch' s Workshop, also the first registered Church of Witchcraft, still hosts a sacred pentacle, painted by Mary herself. That pentacle is a portal which connects us to another space in time. This portal brings entities of light, love and positive-healing energy. It is also home to a "Shop Pet" who may present himself to certain customers by rubbing his nose against their bare legs to make them aware of his presence. The property consists of a 900 SF commercial space with a 780 SF condo attached and an outdoor courtyard with shared access from both the residential unit and the commercial space. 521 St. Philip was fully remodeled in 2014, and the condo was more recently updated in 2018. The incredible location in-between Chartres and Decatur, along with 4-bays across the front of the building create great pedestrian traffic flow and generates an abundance of street exposure. Being in the French Quarter, there are countless shops, restaurants, and activities all within walking distance of this incredibly well positioned asset.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$595 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

VCR-2

APN/PARCEL ID

2-08-1-006-69,2-08-1-006-74

ASK ABOUT THIS PROPERTY

Ross TalbotTalbot Realty GroupMore Info
504-525-9763

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Ross TalbotTalbot Realty GroupMore Info
504-525-9763

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