Listed by Beau Box Commercial Real Estate
$9,700,000
517 Toulouse Street
Details
APN 207100909
Property Type Retail, Mixed Use
Sub Type Restaurant, Storefront
Square Footage 42,019
Tenancy Vacant
Price per SqFt $199
Buildings 1
Stories 4
Acreage 0.050
Zoning VCC-2
Rare French Quarter Mixed-Use Investment Opportunity
Marketing description
Tremendous redevelopment opportunity in the most sought after area of the French Quarter. 1/2 a block from the famed Jax Brewery and 1 block from Jackson Square the Haspel Building (517 Toulouse St) was the former home to the Haspel Suit Company inventor of the Seersucker Suit. More recently Ralph and Kacoos's operated on the ground floor. The property boasts exposed brick wood beams high ceilings and plenty of natural sunlight. Also available is 515 Toulouse - the adjacent four (4) story red brick building. Access is available from both Toulouse and Wilkinson Streets for both properties.
Investment highlights
- Historical Tax Credit Conversion and Redevelopment Opportunity in the Heart of the French Quarter, Located 100’ From Decatur Street and Jax Brewery Next to Café Maspero. Near the Corner of Decatur and Toulouse
- Tax Credits Available, Façade Credit Available, Approved for Addition Of penthouse Units by the Vcc
- Building Fully Sprinklered and Off Site Parking Directly Across the Street On Toulouse and Chartres Streets
515 Toulouse - 6,083 total square feet
- First Floor: 933 SF
- Second Floor: 1,472 SF
- Third Floor: 1,472 SF
- Fourth Floor: 2,206 SF
516 Wilkinson - 5,634 Total Square Feet
- First Floor: 2,355 SF
- Second Floor: 1,318 SF
- Third Floor: 1,961 SF
517 Toulouse - 42,019 Total Square Feet
- First Floor: 12,876 SF
- Second Floor: 16,267 SF
- Third Floor: 12,876 SF
- Fourth Floor: non-existing but potential for expansion to 10,246 SF
- The Building Was Formerly Occupied by the Haspel Suit Company Headquarters, Inventor of the Seersucker Suit
Listing Contacts
Listed by Beau Box Commercial Real Estate
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