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838 Chartres St 3,578 SF 100% Leased Retail Building New Orleans, LA 70116 $1,750,000 ($489.10/SF)



Investment Highlights
- Fully leased property generating income from both commercial and residential spaces.
- Part of Cucullu Row, the oldest intact historic row in the French Quarter.
- Surrounded by premier restaurants, boutique shopping, and cultural landmarks.
- Located steps from Jackson Square, St. Louis Cathedral, and the Mississippi Riverfront.
- Iconic architectural elements including brick façades, iron balconies, and courtyard design.
Executive Summary
A rare opportunity to acquire a historic mixed-use asset situated in the heart of the French Quarter at 838 Chartres Street. This fully leased property combines three residential units with one commercial storefront, delivering multiple income streams and providing an established investment foundation. Occupying a prominent position just one block from Jackson Square and the vibrant Decatur Street corridor, this property offers immediate connectivity to iconic dining, retail, and entertainment destinations.
Constructed in 1828, the building is part of the celebrated Cucullu Row—the oldest intact row of townhomes in the Vieux Carré—reflecting classic Creole and early American architectural influences. Features such as ironwork balconies, arched doorways, and a traditional interior courtyard preserve authentic New Orleans character, while recent upgrades ensure functional performance for both commercial and residential use.
With stable tenancy in place and proximity to heavy pedestrian and tourist traffic, this property appeals to investors seeking long-term appreciation within one of the nation’s most distinctive and historically significant urban settings. Financial details are available upon request.
Constructed in 1828, the building is part of the celebrated Cucullu Row—the oldest intact row of townhomes in the Vieux Carré—reflecting classic Creole and early American architectural influences. Features such as ironwork balconies, arched doorways, and a traditional interior courtyard preserve authentic New Orleans character, while recent upgrades ensure functional performance for both commercial and residential use.
With stable tenancy in place and proximity to heavy pedestrian and tourist traffic, this property appeals to investors seeking long-term appreciation within one of the nation’s most distinctive and historically significant urban settings. Financial details are available upon request.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,578 SF
Building Class
C
Year Built
1828
Price
$1,750,000
Price Per SF
$489.10
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.73
Lot Size
0.05 AC
Zoning
commercial - VCC-1
Amenities
- Corner Lot
- Courtyard
- Security System
- Tenant Controlled HVAC
- Accent Lighting
- Storage Space
- Air Conditioning
- Balcony
Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
50/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2-07-1-006-06 | Improvements Assessment | $113,670 |
| Land Assessment | $11,030 | Total Assessment | $124,700 |
Property Taxes
Parcel Number
2-07-1-006-06
Land Assessment
$11,030
Improvements Assessment
$113,670
Total Assessment
$124,700
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838 Chartres St
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