228 Chartres St New Orleans, LA 70130-2215
- Investment properties
- 4,032 SF
- 0.03 lot acres
Current Use by Public Records
- Picadilly Antiques / Antique Store
Property Details for 228 Chartres St
- Year built
- 1900
- Lot size
- 0.03 lot acres
- Property size
- 4,032 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 206101818
- APU
- 206101818
Description
This exceptional mixed-use property, located at 228 Chartres Street in the heart of New Orleans' French Quarter, presents a compelling investment opportunity. The three-story building boasts a total of 4,032 square feet, offering a unique blend of commercial and residential space. The ground floor features attractive commercial retail space, perfectly positioned to capitalize on the high tourist and local foot traffic of this vibrant location. The second and third floors comprise appealing apartments, providing a steady stream of rental income. The property is zoned VCC-2, allowing for a variety of uses and potential redevelopment options. The asking price is $1,299,999, translating to $322.42 per square foot. This represents a significant opportunity to acquire a dynamic property in a high-demand area with considerable upside potential. The building's prime location ensures high visibility and accessibility, making it an ideal investment for both owner-users and investors seeking strong returns. This motivated seller is eager to find the right buyer for this unique and lucrative property. Don't miss this chance to own a piece of New Orleans' rich history and vibrant future.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.0668
- Latitude
- 29.954
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
