421 Frenchmen St New Orleans, LA 70116
Prime corner parcel in vibrant entertainment district.
Type:Retail, Office, Mixed Use
Property size:
15,308 SFLot size:
0.11 AcresPrice / 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
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
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0575708
- Latitude
- 29.9624301
Nearby Similar for Sale
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.
