425 Decatur Street, New Orleans, LA 70130

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
425 Decatur Street,New Orleans, LA 70130
$4,950,000
  • - Beds
  • 1 Baths
  • 19,946 sq. ft.
  • Multi-family
  • Active
Listed by: blake rose
Office: berkshire hathaway homeservices preferred, realtor
MLS#:2578667
Source:LA_GSREIN

Price summary

  • Price:$4,950,000
  • Price per sq. ft.:$248.17

About this home

<p style="color:green"> PREMIER RETAIL and DEVELOPMENT OPPORTUNITY in one the busiest, most high-demand parts of the beautiful New Orleans FRENCH QUARTER. At almost 20,000 square feet, this HISTORIC 3-story building dates from roughly 1850 and brings in over $20K/month in rental income from the 2x retail tenants on the 1st floor with potential for much, MUCH more. <p style="color:red"> The 2nd and 3rd floors are in a shell state and ready to be built out into HIGH-END office and/or multifamily spaces. Ownership is in the process of having architectural plans for LUXURY CONDOS approved by the HDLC and will share with buyer under appropriate circumstances. Both upper stories have VERY HIGH CEILINGS, making a comfortable buildout suitable, even with room for as yet to be installed HVAC and plumbing systems. <p style="color:purple"> Tujague's and the New Orleans Jazz National Historical Park Visitors Center make for excellent neighbors. VCC-2 zoning. Flood zone x.

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Home facts

  • Year built:1850
  • Listing ID #:2578667
  • Added:9 day(s) ago
  • Updated:October 09, 2026 at 04:34 PM

Rooms and interior

  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:19,946 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Flat
  • Year built:1850
  • Building area:19,946 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:City Lot, Rectangular Lot
  • Construction Materials:Brick
  • Foundation Description:Slab
  • Levels:3+ Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$4,950,000
  • Price per sq. ft.:$248.17

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