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Highlights

  • Licensed Bed and Breakfast with four bedrooms and three bathrooms, including keyless entry.
  • Updated kitchen with stainless steel appliances, granite countertops, and quality finishes.
  • Situated two blocks from Rampart Street and minutes from the French Quarter and Armstrong Park.
  • Outdoor living spaces feature front and back porches, a second-floor balcony, and courtyard atmosphere.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 11
  • 1,546 SF
  • Negotiable
  • $26.00 /SF/YR $2.17 /SF/MO $40,196 /YR $3,350 /MO
  • Triple Net (NNN)
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
Now

Discover an investment opportunity in the historic Esplanade Ridge/Treme neighborhood at 1211 Governor Nicholls Street, just two blocks from Rampart Street and the French Quarter. This two-story Creole French Colonial home combines timeless architecture with contemporary comfort. Featuring updated interiors, this property includes four bedrooms and three bathrooms, with two ensuites, and operates under a licensed Bed and Breakfast model, appealing to both owner-occupiers and investors seeking short-term rental potential. Highlights include dual kitchens, stainless steel appliances, and granite counters, creating an exceptional environment for entertaining and everyday living. The home’s inviting common areas include a family room, living room, and kitchen spaces designed for convenience. Outdoor amenities such as a front and back porch, second-floor balcony, and courtyard-style backyard enhance the appeal for guests and residents alike. Located in an X flood zone, the property offers reduced insurance costs and peace of mind. Enjoy proximity to Armstrong Park and the Rampart Street Streetcar line, placing iconic music venues, cultural attractions, and dining within easy reach. This property represents a rare chance to own a stabilized historic asset in one of New Orleans’ most vibrant districts, providing both lifestyle benefits and income-generating potential.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Mostly Open Floor Plan Layout
  • 1st Floor, Ste Suite 5
  • 2,000 SF
  • 3 Years
  • $26.00 /SF/YR $2.17 /SF/MO $52,000 /YR $4,333 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Currently set up as a women's retail store. Main entry and well as rear access.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
Space Size Term Rental Rate Rent Type
1st Floor, Ste 11 1,546 SF Negotiable $26.00 /SF/YR $2.17 /SF/MO $40,196 /YR $3,350 /MO Triple Net (NNN)
1st Floor, Ste Suite 5 2,000 SF 3 Years $26.00 /SF/YR $2.17 /SF/MO $52,000 /YR $4,333 /MO Triple Net (NNN)

1st Floor, Ste 11

Size
1,546 SF
Term
Negotiable
Rental Rate
$26.00 /SF/YR $2.17 /SF/MO $40,196 /YR $3,350 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Build-Out
Full Build-Out
Availability
Now

Discover an investment opportunity in the historic Esplanade Ridge/Treme neighborhood at 1211 Governor Nicholls Street, just two blocks from Rampart Street and the French Quarter. This two-story Creole French Colonial home combines timeless architecture with contemporary comfort. Featuring updated interiors, this property includes four bedrooms and three bathrooms, with two ensuites, and operates under a licensed Bed and Breakfast model, appealing to both owner-occupiers and investors seeking short-term rental potential. Highlights include dual kitchens, stainless steel appliances, and granite counters, creating an exceptional environment for entertaining and everyday living. The home’s inviting common areas include a family room, living room, and kitchen spaces designed for convenience. Outdoor amenities such as a front and back porch, second-floor balcony, and courtyard-style backyard enhance the appeal for guests and residents alike. Located in an X flood zone, the property offers reduced insurance costs and peace of mind. Enjoy proximity to Armstrong Park and the Rampart Street Streetcar line, placing iconic music venues, cultural attractions, and dining within easy reach. This property represents a rare chance to own a stabilized historic asset in one of New Orleans’ most vibrant districts, providing both lifestyle benefits and income-generating potential.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Mostly Open Floor Plan Layout

1st Floor, Ste Suite 5

Size
2,000 SF
Term
3 Years
Rental Rate
$26.00 /SF/YR $2.17 /SF/MO $52,000 /YR $4,333 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Currently set up as a women's retail store. Main entry and well as rear access.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Site Plan

Property Facts

Total Space Available 3,546 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 19,142 SF
Year Built 2018

About the Property

The property is a two-story single-family residence constructed in 1950 within the Treme area of New Orleans, Louisiana. It is positioned near Rampart Street and the French Quarter and operates with a Bed and Breakfast license. The structure includes a combination of modernized interior features with historical design and has outdoor areas such as porches and a courtyard. Key nearby points of interest include Armstrong Park and streetcar access along Rampart Street. Utilities include public water and sewer with natural gas service.

  • 24 Hour Access
  • Pylon Sign
  • Tenant Controlled HVAC

Attachments

NOI Rev2
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
20/100

Nearby Major Retailers

Club Pilates
Charles Schwab
TD Ameritrade
First Horizon Bank
BankPlus
Cadence Bank
Carrabba's Italian Grill
La Madeleine
Roly Poly Sandwiches
Walk-On's
  • Listing ID: 24175032

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: 500 Settlers Trace Blvd, Lafayette, LA 70508

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