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    401 Decatur St New Orleans, LA 70130

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    For Sale
    $3,100,000

    Prime corner property in the heart of the French Quarter.

    Property size:
    10,400 SF
    Lot size:
    0.06 Acres

    Property Features for 401 Decatur St

    General Information

    Size
    10,400 SF
    Lot size
    0.06 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 Redevelopment Opportunity

    This prominent corner property, located in the heart of the French Quarter, presents a mixed-use redevelopment opportunity. The property consists of three interconnecting buildings at 401 Decatur Street and 505 Conti Street. The elevator-serviced building offers potential for retail space and upper floor apartments. The second floor space could be utilized for retail purposes. Situated on the 400 block of Decatur Street, the location benefits from a retail stretch with numerous national retailers. The property offers high visibility and experiences high tourist and local foot traffic. The total property size is 10400 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness 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
    -90.0650093
    Latitude
    29.954529

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    FAQs

    What type of property is this?
    Retail space - Prime corner property in the heart of the French Quarter.
    Where is this retail space located?
    The property is located at 401 Decatur St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Prime corner property in the heart of the French Quarter.; - Mixed-use redevelopment opportunity with retail and apartments.; - Elevator-serviced building.
    (504) 405-8491
    Request Owner's contact information
    401 Decatur 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
    401 Decatur St New Orleans, LA 70130
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