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The Royal Standard Gifts 235 Chartres St

3,167 SF Retail Building New Orleans, LA 70130 $1,390,000 ($439/SF)

Investment Highlights

  • Heavy daytime foot traffic! Great retail location in the heart of the French Quarter.

Executive Summary

Desirable 3 story French Quarter building is in a prime location. The building is currently home of The Royal Standard. It's a Great Investment Property or Owner Occupy, Live Upstairs and Work Downstairs. The building offers a wonderful Commercial Retail Space on the ground floor, 2nd & 3rd floors are attractive apartments and each have a wonderful BALCONY overlooking Chartres St. The second-floor space could potentially be utilized for retail purposes, adding to its flexibility. The 3rd floor has an exquisite apartment with a private bedroom and it has washer and dryer hook ups. All three floors have a full bathroom. Don't miss the opportunity to own this dynamic space in a vibrant high-demand area in the FQ with endless potential! This visible French Quarter location has a high traffic count and substantial foot traffic of tourists and locals. Call to set up your personal tour.
The whole building is Owner Occupied. The 2nd floor apartment was recently a retail space but it can easily be a residential apartment. Attic space may have the potential to be a 4th floor. Buyer's Agent and buyer to verify any zoning and permitted uses. Pre Qualification letter and/or Proof of Funds with all offers. Title company to hold the deposit. Flood zone X. Seller may consider a 12 month Lease Back.
https://my.matterport.com/show/?m=yQDRZB5aA6o&
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https://listings.snaplyphoto.com/sites/235-chartres-st-new-orleans-la-70130-7076489/branded
https://listings.snaplyphoto.com/sites/dvoeajg/unbranded

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,167 SF
Building Class
B
Year Built/Renovated
1850/2020
Price
$1,390,000
Price Per SF
$439
Tenancy
Single
Building Height
3 Stories
Building FAR
0.79
Land Acres
0.09 AC
Zoning
VCC-2 - The VCC-2 Vieux Carré Commercial District is intended to provide for retail and service establishments.
Frontage
20 FT on Chartres Street

Amenities

  • Balcony

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • The Royal Standard Gifts
  • Retailer
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
The Royal Standard Gifts Retailer - - -
Walk Score ®
Walker's Paradise (93)
Transit Score ®
Excellent Transit (85)
Bike Score ®
Biker's Paradise (90)
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

Starbucks
House of Blues
Capital One
Krystal
Hard Rock Cafe
IHOP
Regions Bank
Chase Bank
Fogo de Chão
PJ's Coffee of New Orleans

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2-06-1-024-09
Land Assessment
$7,420
Improvements Assessment
$130,070
Total Assessment
$137,490
  • Listing ID: 30793460

  • Date on Market: 1/26/2024

  • Last Updated:

  • Address: 235 Chartres St, New Orleans, LA 70130

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