535 Iberville St New Orleans, LA 70130
- Commercial real estate
- 15,282 SF
- 0.10 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 535 Iberville St
- Lot size
- 0.10 lot acres
- Property size
- 15,282 SF
- Property type
- Commercial real estate
Description
This exceptional 6-story, 15,282 square foot multifamily condo building at 535 Iberville Street in New Orleans' historic French Quarter is offered at $6,400,000. The property consists of nine units: four one-bedroom condos, four two-bedroom condos, and a penthouse. A highly desirable feature is the inclusion of eight dedicated parking spaces, a rare commodity in this location. Currently approximately 90% complete, this presents a unique opportunity for a buyer to finalize construction and capitalize on the potential for significant rental income or resale. Situated on a 0.1-acre lot (APN 206101828), the building is zoned VCC-2. Its prime location places it within easy walking distance of the Riverwalk, Jackson Square, Canal Place shops, Caesars New Orleans Hotel & Casino, House of Blues, Four Seasons Hotel, Sazerac House, The Windsor Court, and numerous other attractions. All measurements are approximate and should be verified by the purchaser. Zoning and intended use are also to be verified by the purchaser. This is a truly rare chance to own a significant piece of New Orleans real estate in a highly sought-after area.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans Parish
- State
- Louisiana
- Longitude
- -90.067
- Latitude
- 29.9533
