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French Quarter Commercial Condominium
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1231 Decatur St, New Orleans, LA 70116

Commercial condominium in the heart of the French Quarter.

Property Size879 SF
Price / SF$453.92
Days on Market743

Property Features for 1231 Decatur St

General Information

Standard status Active
Size 879 SF
Class B
Property subtype Retail
Zoning VCC-1
Investment Type Owner/User
Listing Agency: Talbot Realty Group
Listed By: Bobby Talbot · License #LA 0000006978
Source: Crexi
Added: Aug 20, 2024 Changed: Aug 19 Last Checked: Aug 31 at 4:42PM

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 Talbot Realty Group

Investment Insights

Based on property information with market context.

Located in the heart of the French Quarter in New Orleans, Louisiana, 1231 Decatur Street, Unit A, is a first-floor commercial condominium. The property, formerly home to Rare Finds, offers 879 square feet of space. It is zoned VCC-1 in the Vieux Carre Commercial District. The unit is part of the Paxton House Condominiums. The annual condominium fees are $3,765.44 and the 2025 real estate taxes are $5,333.71. This commercial space represents an investment opportunity in a vibrant New Orleans neighborhood.

Key Highlights

  • Prime location in the heart of the French Quarter, New Orleans.
  • Zoned VCC‑1 in the Vieux Carre Commercial District, ideal for business ventures.
  • Spacious 879 sq ft commercial condominium.

Property Analytics

Current Use

Rare Finds Home Decor Store

Suggested Use

Top Pick Dental Office Daycare Center Kitchen & Bath Showroom Electrical Service Home Appliance Store HVAC Service

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

3,823
Businesses Nearby
65k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 54% Dining 32% Hotels & Casinos 14%
Rouses Market Groceries
35,073 visits/mo 0.5 miles
Starbucks Dining
12,255 visits/mo 0.5 miles
Hampton Inn New Orleans French Quarter Market Area Hotels & Casinos
9,002 visits/mo 0.2 miles
CC's Coffee House Dining
8,554 visits/mo 0.3 miles

Demographics for 70116, LA

10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial condominium in the heart of the French Quarter.
Where is this storefront property located?
The property is located at 1231 Decatur St New Orleans, LA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime location in the heart of the French Quarter, New Orleans.; Zoned VCC‑1 in the Vieux Carre Commercial District, ideal for business ventures.; Spacious 879 sq ft commercial condominium.
(504) 237-1266 Call to check price and availability
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