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    228 Chartres St New Orleans, LA 70130

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    For Sale
    $1,100,000

    Three-story building with retail and apartments in prime location.

    Property size:
    3,300 SF
    Lot size:
    0.03 Acres

    Property Features for 228 Chartres St

    General Information

    Size
    3,300 SF
    Lot size
    0.03 Acres

    Source: Jon Huffman Real Estate Agent Yosef Greenwald

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    French Quarter Mixed-Use Building

    This three-story building is located in the French Quarter. It features commercial retail space on the ground floor, with apartments on the second and third floors. The property offers an investment opportunity in a high-demand area with high tourist and local traffic. The building has a total size of 3300 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Picadilly Antiques Antique Store

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0667686
    Latitude
    29.9539501

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story building with retail and apartments in prime location.
    Where is this mixed-use property located?
    The property is located at 228 Chartres St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime French Quarter location with high tourist and local traffic.; - Commercial retail space on the ground floor.; - Two apartments on the 2nd and 3rd floors.
    (504) 405-8491
    Request Owner's contact information
    228 Chartres St New Orleans, LA 70130
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    New Orleans, LA 70130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    228 Chartres St New Orleans, LA 70130
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