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421 Frenchmen St New Orleans, LA 70116

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Prime corner parcel in vibrant entertainment district.

Type:Retail, Office, Mixed Use
Property size:
15,308 SF
Lot size:
0.11 Acres
Price / SF:
$293/SF
Added:
Jul 31, 2024
Days on Market:
630
Last Refresh:
Mar 16 at 1:03 pm

Property Features for 421 Frenchmen St

General Information

Standard status
Active
Size
15,308 SF
Lot size
0.11 Acres
Property subtype
Retail, Office, Mixed Use

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Listing Contact
Reed Wiley, CCIM

Listing agent Reed Wiley, CCIM License #LA BROK.995704349-ASA

Listing office NAI Rampart

Listing date Jul 31, 2024

Source Crexi

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 NAI Rampart


Overview

Frenchmen Street Development Opportunity

An unparalleled development opportunity is available at the intersection of Frenchmen and Decatur Streets. Located at 421 Frenchmen Street, this property serves as the gateway to the lively Frenchmen Street entertainment district in the Faubourg Marigny, an area known for its vibrant atmosphere. The neighborhood features live music venues, diverse restaurants, bars, coffee shops, and local businesses, including record and book shops. This historic-tax-credit-eligible property offers approximately 15,308 square feet of improvements, supplemented by an elevator shaft, on a corner parcel of approximately 4,876 square feet. The site is zoned HMC-2 (Historic Marigny/Tremé/Bywater Commercial District) with RDO-1, AC-1, RIV overlays, allowing for a multitude of uses. The HMC-2 zoning is intended to permit more intensive commercial uses while protecting the historic character of the Marigny/Tremé/Bywater area. This district includes properties that front on major traffic arteries and can provide access for more intense commercial uses. The zoning also allows higher residential densities when a project provides significant public benefit.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Consumer Protection Law ... Law Firm New Orleans Music ... Tour Operator Louisiana Music Factory (Bike/Boat/Book/etc) Store Aphrodite Alcohol Programs ... Counselor Louisiana Citizens for Culture Association Or Organization

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

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  • Local Demand
City
New Orleans
County
Jefferson
State
Louisiana
Longitude
-90.0575708
Latitude
29.9624301

FAQs

What type of property is this?
Mixed-use property - Prime corner parcel in vibrant entertainment district.
Where is this mixed-use property located?
The property is located at 421 Frenchmen St New Orleans, LA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime location at the intersection of Frenchmen and Decatur Streets, the gateway to the Frenchmen Street entertainment district.; Substantial ±15,308 SF of improvements on a ±4,876 SF corner parcel.; Historic‑tax‑credit‑eligible property.
More about this property
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