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309-311 Decatur St
New Orleans, LA 70130
General Commercial Building · Retail Property For Sale


Executive Summary
This property is available for purchase either as an owner-occupied opportunity or as an income-producing investment in the heart of the French Quarter of New Orleans. The property is a three-story, general commercial building situated at 309-311 Decatur Street with dual access in the front. The building is currently a multi-tenant building that has restaurant/bar space with a commercial kitchen (equipment included) on the first floor, general commercial space on the second floor, and office space on the third floor. Each floor is accessible via two interior stairwells and a passenger elevator; each floor features its own restrooms. The property’s site area is 6,540 square feet; it is rectangular in shape with 42.5 feet along Decatur Street and a depth of 153.5 feet. The property is zoned VCE-1, Vieux Carre Entertainment District in the City of New Orleans. Contact the Listing Agents for additional lease information.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,935 SF
Building Class
C
Year Built
1880
Price
$4,800,000
Price Per SF
$301.22
Percent Leased
14%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.44
Lot Size
0.15 AC
Zoning
VCE-1 - Vieux Carre Entertainment District
Frontage
43’ on Decatur St
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 2-06-1-017-02 | Improvements Assessment | $233,750 |
| Land Assessment | $46,050 | Total Assessment | $279,800 |
Property Taxes
Parcel Number
2-06-1-017-02
Land Assessment
$46,050
Improvements Assessment
$233,750
Total Assessment
$279,800
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