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    211 Decatur St New Orleans, LA 70130

    Sponsored
    For Sale
    $2,350,000

    Historic building, prime location, high potential.

    Property size:
    10,287 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional French Quarter development opportunity, located at 211 Decatur Street in New Orleans, Louisiana, presents a unique chance to acquire a piece of New Orleans history. The property, a vacant, four-story building totaling approximately 10,287 square feet, sits on a 0.07-acre lot (approximately 2,910 square feet) and is zoned VCE-1 (Vieux Carré Entertainment District). This zoning allows for a wide range of uses, including live performance venues, making it an incredibly versatile investment. The building, eligible for historic tax credits, features an elevator shaft and offers significant potential for redevelopment. The asking price is $2,350,000, translating to approximately $228.44 per square foot. The property is being sold "as is, where is," subject to a Waiver of Warranty of Condition and Waiver of Redhibition. All measurements are approximate and should be independently verified by the purchaser. Potential buyers are responsible for verifying tax credits, zoning, overlays, and intended use. The sellers make no representations or warranties regarding the property's condition. This is a zero-lot-line property. This is a multi-tenant retail and multifamily property, previously used as a restaurant and storefront. The property's location at the gateway to the French Quarter, next to the House of Blues, ensures high visibility and foot traffic.

    Property Features for 211 Decatur St

    General Information

    Property type
    Individual retail properties
    Square Feet
    10,287 SF
    Class
    B
    Lot Size
    3,049 SF

    Building Details

    Buildings
    1
    Stories
    4

    HighLights

    • Exceptional French Quarter development opportunity at 211 Decatur Street, New Orleans.
    • Vacant four‑story building, 10,287 square feet on a 0.07‑acre lot, zoned VCE‑1.
    • $2,350,000 asking price ($228.44/SF).
    • Eligible for historic tax credits; features an elevator shaft.
    • Zero‑lot‑line property with high visibility and foot traffic, adjacent to the House of Blues.
    Property Profile Location Intelligence

    Current Use by Public Records

    Zydeco Blues Souvenir Store

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Restaurant Nail Salon Building Supply Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0663011
    Latitude
    29.9531455

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    FAQs

    What type of property is this?
    Individual retail property - Historic building, prime location, high potential.
    Where is this individual retail property located?
    The property is located at 211 Decatur St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: Exceptional French Quarter development opportunity at 211 Decatur Street, New Orleans.; Vacant four-story building, 10,287 square feet on a 0.07-acre lot, zoned VCE-1.; $2,350,000 asking price ($228.44/SF).
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    211 Decatur St New Orleans, LA 70130
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