915 Decatur St, New Orleans, LA 70116

6,750 SF | 100% Leased | Retail Building | New Orleans, LA 70116 | $3,315,000 ($491/SF) | 6% Cap Rate

Asking Price $3,315,000

Property Type: Retail
Square Feet: 6,750 SF
Price / Square Foot: $491

Listing Contacts

Property Info

Property 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

Property Details

Year Built: 1900
Stories: 3
Property Subtype: Storefront Retail/Residential
Lot Size (sq. ft): 3,049 SF

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

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