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1231 Decatur St

879 SF Vacant Retail Building New Orleans, LA 70116 $1,015,000 ($1,155/SF)

Investment Highlights

  • Real Estate Condominium, Inventory, Furniture, Fixtures, and Client List

Executive Summary

THIS OFFERING CONSISTS OF A FIRST FLOOR COMMERCIAL CONDOMINIUM UNIT IN THE PAXTON HOUSE
CONDOMINIUMS, IN THE NEW ORLEANS FRENCH QUARTER AND THE RARE FINDS BUSINESS, ESTABLISHED IN 2001.
THE SALE INCLUDES THE REAL ESTATE CONDOMINIUM, INVENTORY, FURNITURE, FIXTURES, AND CLIENT LIST.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
879 SF
Building Class
C
Year Built
1930
Price
$1,015,000
Price Per SF
$1,155
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.98
Land Acres
0.02 AC
Zoning
VCC-1
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Cafe Du Monde
Rouses Markets
Starbucks
PJ's Coffee of New Orleans
Landry's Seafood House
Regions Bank
Shake Shack
Bubba Gump Shrimp Co.
Hancock Whitney Bank
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2-08-1-004-16
Land Assessment
$2,260
Improvements Assessment
$38,150
Total Assessment
$40,410
  • Listing ID: 32906797

  • Date on Market: 8/21/2024

  • Last Updated:

  • Address: 1231 Decatur St, New Orleans, LA 70116

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