421 Frenchmen StNew Orleans, LA 70116

Property Details for 421 Frenchmen St

Year built

1890

Lot size

0.11 AC

Property size (Sq ft)

15,308 SF

Property type

Office properties

Property subtype

Office buildings

APN

37W100112

APU

37W100112

Description

This exceptional commercial property at 421 Frenchmen Street in New Orleans, LA, offers unparalleled office space in the heart of the vibrant French Quarter. The building, totaling 14,118 square feet, features a unique mixed-use zoning (HMC-2) allowing for a variety of commercial ventures. Two available suites, situated on the second and third floors, provide flexible leasing options. The second-floor suite offers approximately 4,020 square feet, while the third-floor suite ranges from approximately 3,853 to 4,373 square feet. These spaces can be leased individually or combined to accommodate various business needs. The property sits on a 0.13-acre lot and is a three-story building. Located at the intersection of Frenchmen and Decatur Streets, this location provides exceptional visibility and access to the bustling Frenchmen Street entertainment district, known for its lively atmosphere, diverse restaurants, bars, and music venues. The property's zoning allows for multiple uses, subject to verification by the lessee. All square footage measurements are approximate and should be independently verified. Tax credits, zoning details, overlays, and intended use are also the responsibility of the lessee to verify. This is a truly unique opportunity to establish a presence in one of New Orleans' most desirable and dynamic locations.

• CAP approach

  CAP return

  Valuation

  6%

  $2,427,566

  6.5%

  $2,240,830

  7%

  $2,080,770

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,167,708

  Geo Method

  $1,088,246

• Alternative Use

  Use

  Valuation

  Residential

  $2,778,629

  Hospitality

  $2,545,209

  Educational

  $2,117,584

  Medical

  $2,190,411

  Retail

  $3,294,020

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.9624

Longitude

-90.0574

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.