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409 Royal St 9,183 SF Retail Building New Orleans, LA 70130 $4,590,000 ($499.84/SF)
INVESTMENT HIGHLIGHTS
- HISTORICAL AND IRREPLACEABLE LOCATION IN THE FRENCH QUARTER
- 3 FLOORS WITH OPERATING LIFT ELEVATOR AND FULLY SPRINKLERED
- STUNNING CLASSIC FRENCH QUARTER ARCHITECTURE
- PERFECT OPPORTUNITY FOR MIXED-USE RE-DEVELOPMENT
EXECUTIVE SUMMARY
**IMPROVED PRICING** Updated 4/16/2025
Constructed in 1852, the property showcases classic French Quarter architecture, featuring iconic picture-frame display windows, soaring ceilings, and a versatile open floorplan that maximizes retail space. In addition to the expansive ground floor, the property includes two additional floors and a rear dependency, offering excellent potential for conversion to high-end residential use. A working freight elevator and sprinkler system are already in place, providing both convenience and compliance. Set in an unrivaled location on Royal Street, this property is ideally positioned between two historic institutions—Brennan’s and Latrobe’s—and directly across from the Louisiana Supreme Court. With some of the highest foot traffic in the French Quarter, this site ensures visibility, prestige, and continuous activity. A true rarity, this trophy property combines timeless elegance with unparalleled potential, making it the perfect foundation for a flagship retail presence or a transformative investment in the heart of New Orleans’ most coveted neighborhood.
Constructed in 1852, the property showcases classic French Quarter architecture, featuring iconic picture-frame display windows, soaring ceilings, and a versatile open floorplan that maximizes retail space. In addition to the expansive ground floor, the property includes two additional floors and a rear dependency, offering excellent potential for conversion to high-end residential use. A working freight elevator and sprinkler system are already in place, providing both convenience and compliance. Set in an unrivaled location on Royal Street, this property is ideally positioned between two historic institutions—Brennan’s and Latrobe’s—and directly across from the Louisiana Supreme Court. With some of the highest foot traffic in the French Quarter, this site ensures visibility, prestige, and continuous activity. A true rarity, this trophy property combines timeless elegance with unparalleled potential, making it the perfect foundation for a flagship retail presence or a transformative investment in the heart of New Orleans’ most coveted neighborhood.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
9,183 SF
Building Class
C
Year Built
1852
Price
$4,590,000
Price Per SF
$499.84
Tenancy
Single
Building Height
3 Stories
Slab To Slab
10’
Building FAR
2.34
Lot Size
0.09 AC
Zoning
VCC-2
Frontage
18’ on Royal St
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- IDA MANHEIM
- -
- -
- -
- -
- Ida Manheim Antiques
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| IDA MANHEIM | - | - | - | - | ||
| Ida Manheim Antiques | Retailer | - | - | - |
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (85)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2-06-1-027-02 | Improvements Assessment | $246,260 |
| Land Assessment | $28,670 | Total Assessment | $274,930 |
PROPERTY TAXES
Parcel Number
2-06-1-027-02
Land Assessment
$28,670
Improvements Assessment
$246,260
Total Assessment
$274,930
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