915 Decatur St - Storefront Retail/Residential FOR SALE
New Orleans, LA 70116 |
$3,315,000 USD
407-557-3847
915 Decatur St
New Orleans, LA 70116
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 US | Famous for Their Creola and Cajun Cuisine, Jazz Music and Brass Bands, & Historic Architecture
OVERVIEW
Unique Opportunity to Own a 6,750 Rentable SF Mixed-Use Building on Prime Commercial Strips in the Highly Coveted French Quarter.
Three-Story Building:
- First Floor Consists of Roughly 2,700 SF of Commercial Space (Fully Leased to Crescent Colors)
- Second Floor Consists of One 1Bed/1Bath Residential Unit, and Additional Commercial Storage Space
- Third Floor has (Two) 2Bed/2Bath Residential Units
- $500K Capital Improvements Include Interior Renovations, New Roof and Electrical/Plumbing
FOR SALE DETAILS
PRICE
$3,315,000 USD
PRICE/SF
$491 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1900
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.07 AC
LAND SF
3,049 SF
ZONING
VCC-1
APN/PARCEL ID
2-07-1-005-28
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407-557-3847
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407-557-3847
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