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French Quarter Mixed-Use Opportunity
For Sale
$4,590,000

409 Royal Street, New Orleans, LA 70130

Historic building with retail and residential redevelopment potential.

Property Size9,183 SF
Price / SF$499.84
Days on Market151

Property Features for 409 Royal Street

General Information

Standard status Active
Size 9,183 SF
Property subtype Retail
Listing Agency: CBRE New Orleans
Listed By: Bryce French · License #0995690959
Source: Cbre
Added: Mar 25 Changed: Aug 13 Last Checked: Aug 22 at 6:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE New Orleans

Investment Insights

Based on property information with market context.

Constructed in 1852, this property features classic French Quarter architecture, including picture-frame display windows and high ceilings. The versatile open floorplan maximizes retail space. In addition to the expansive ground floor, the property includes two additional floors and a rear dependency, offering potential for conversion to high-end residential use. A working freight elevator and sprinkler system are in place. The property is located on Royal Street in the French Quarter, between Brennan’s and Latrobe’s and directly across from the Louisiana Supreme Court. The location benefits from high foot traffic. The property offers a foundation for a flagship retail presence or a transformative investment. The property has a total of approximately 9,183 square feet with an average floor size of approximately 3,050 square feet.

Key Highlights

  • Unrivaled location on Royal Street in the French Quarter with high foot traffic, situated between Brennan’s and Latrobe’s, and directly across from the Louisiana Supreme Court.
  • Stunning classic French Quarter architecture with iconic picture‑frame display windows and soaring ceilings.
  • Three floors totaling ±9,183 SF with a versatile open floorplan.

Property Analytics

Current Use

IDA Manheim Antiques Home Decor Store

Suggested Use

Top Pick Home Appliance Store Daycare Center Locksmith HVAC Service (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

9,769
Businesses Nearby
373k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 60% Dining 14% Groceries 11% Shops & Services 8%
The Ritz-Carlton, New Orleans Hotels & Casinos
59,768 visits/mo 0.2 miles
Rouses Market Groceries
35,073 visits/mo 0.2 miles
Chevron Shops & Services
23,516 visits/mo 0.3 miles
DoubleTree by Hilton Hotel New Orleans Hotels & Casinos
18,904 visits/mo 0.4 miles
Dick's Last Resort Dining
16,371 visits/mo 0.2 miles

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value

Market

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Historic building with retail and residential redevelopment potential.
Where is this storefront property located?
The property is located at 409 Royal Street New Orleans, LA.
What is the asking price?
The asking price for this property is $4,590,000.
What are key features of this property?
This property features: Unrivaled location on Royal Street in the French Quarter with high foot traffic, situated between Brennan’s and Latrobe’s, and directly across from the Louisiana Supreme Court.; Stunning classic French Quarter architecture with iconic picture‑frame display windows and soaring ceilings.; Three floors totaling ±9,183 SF with a versatile open floorplan.
More about this property
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