413 Decatur St & 517 Conti St.
General Commercial Building & Prime Parking Lot
Marketing description
This property is available for purchase either as an owner-occupied opportunity or as an income-producing investment in the heart of the French Quarter of New Orleans. This is a great opportunity to acquire a commercial building with a prime parking lot.
The property consists of a three-story, general commercial building situated at 413-415 Decatur Street and an adjacent surface parking lot with 32 spaces located at 517-519 Conti Street. The building is currently leased to a single-tenant that primarily utilizes the retail space on the first floor with the unfinished space on the second and third floors for storage. Each floor is accessible via interior stairwells.
The building property’s site area is 4,134 square feet; it is rectangular in shape. The Conti surface parking lot is currently leased. The access is via Conti Street and it is adjacent to the rear of the commercial building. The property is zoned VCC-2, Vieux Carre Commercial District, in the City of New Orleans.
Note these properties will not be split; it is one offering as a stock sale (not a typical asset purchase). Contact the Listing Agents for additional lease information.
Investment highlights
Building - 10,978 SQFT
First Floor - 3,992 SF | Retail Accessible via Decatur St
Second Floor - 3,493 SF
2,414 SF in Front Building & 1,079 in Rear Building
Partial Shell Condition
Third Floor - 3,493 SF
2,414 SF in Front Building & 1,079 in Rear Building
Partial Shell Condition
Conti Parking Lot
8,439 SF | 32 Parking Spaces
Lease Terms
413 Decatur Street
Currently Leased: Cigar Factory New Orleans, Inc.
Current Base Rent: $15,000 per month | NNN Lease
Lease Expiration: June 30, 2026 (3-month vacate provision)
517 Conti Street
Currently Leased: 517 Conti Parking, LLC (Bevolo’s use)
Current Base Rent: $7,467 per month | NNN Lease
Lease Expiration: December 31, 2025
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?


























