521 St Philip St New Orleans, LA 70116
- Retail properties
- 1,680 SF
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Candy Store / Costume Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 521 St Philip St
- Property size
- 1,680 SF
- Property type
- Retail properties
Description
This unique $999,000 mixed-use commercial condominium, located at 521 St. Philip Street in New Orleans' vibrant French Quarter, offers a compelling owner/user investment opportunity. The 1,680 square foot property boasts a fascinating history as the original location of the "Witch's Workshop," featuring a preserved sacred pentacle. The building comprises 900 square feet of retail space and a 780 square foot residential unit with two bedrooms and one bathroom. The retail space and residential unit were remodeled in 2014 and 2018, respectively. This prime location places the property within easy walking distance of numerous restaurants and shops. The property is zoned VCR-2 (Vieux Carre Residential District), reflecting its unique character and location within the historic French Quarter. This exceptional property presents a rare blend of historical significance, modern updates, and a highly desirable location, making it an ideal investment for a discerning buyer seeking a blend of commercial and residential use in the heart of New Orleans. The property's rich history and prime location offer significant potential for both commercial and residential income generation. This is a truly unique opportunity to own a piece of New Orleans history.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans Parish
- State
- Louisiana
- Longitude
- -90.0611
- Latitude
- 29.9595
