421 Frenchmen St New Orleans, LA 70116

This exceptional New Orleans investment opportunity presents a ±15,308 square foot, three-story building situated on a 0.13-acre corner lot at the coveted intersection of Frenchmen and Decatur Streets. The property, located at 421 Frenchmen Street in the vibrant Faubourg Marigny, is currently zoned HMC-2 (Historic Marigny/Tremé/Bywater Commercial District) with RDO-1, AC-1, and RIV overlays, offering a wide range of potential uses. The building, classified as Class B, features a single tenancy and includes an elevator shaft. The asking price is $4,500,000, translating to approximately $293.96 per square foot. This historic, tax-credit-eligible property benefits from its prime location within a thriving entertainment district known for its live music venues, diverse restaurants, bars, and unique shops. The property's ±15,308 square feet of improvements are complemented by the substantial lot size of approximately 4,876 square feet. All measurements are approximate and should be independently verified by the purchaser. Similarly, the purchaser is responsible for verifying tax credits, zoning, overlays, and intended use. Prospective buyers should refrain from touring the property without prior arrangement and should not disturb the current tenant.