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Unparalleled Frenchmen St Development Opportunity

Unparalleled Frenchmen St Development Opportunity

Listing Contacts

Active

Asking Price: $4,500,000
Address 

421 Frenchmen St, New Orleans, LA 70116

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Date Added
Jul 31, 2024
Days on Market
262 days
Time Since Last Update
73 days

Details

Property TypeRetail, Office, Mixed Use
SubtypeExecutive Office
ClassB
TenancySingle
Square Footage15,308
Price/Sq Ft$293.96
Buildings1
Stories3
ZoningHMC-2
Lot Size (acres)0.13
APN37W100112

Marketing Description

Unparalleled Frenchmen St development opportunity available for acquisition at the bustling intersection of Frenchmen and Decatur St.​ 421 Frenchmen Street serves as the gateway to the lively Frenchmen Street entertainment district in the Faubourg Marigny, an area renowned for its vibrant atmosphere, featuring popular live music venues, diverse restaurants, bars, coffee shops, and an array of local businesses, including record and book shops.​ This historic tax-credit-eligible property offers a significant ±15,308 SF of improvements supplemented by an elevator shaft, all sited on a prime ±4,876 SF corner parcel.​ The site is currently zoned HMC-2 (Historic Marigny/Tremé/Bywater Commercial District) with RDO-1, AC-1, RIV overlays allowing for a multitude of uses.​

All measurements are approximate/not guaranteed and are to be verified by the purchaser.​ Tax Credits, Zoning, Overlays, and Intended Use are to be verified by the purchaser.​

Please do not tour the property without the listing agents being present and do not disturb the current tenant.​ Call/Email listing agents to schedule appointments.​


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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Additional Information
Broker Name
Reed Wiley, CCIM
Broker License
LA LA BROK.995704349-ASA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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