1401 GOVERNOR NICHOLLS ST New Orleans LA 70116-2343

Available for purchase, 1401 Governor Nicholls offers a furnished and operating short-term rental with successful rental history along with an expansive ground floor retail, office, or restaurant space that is currently vacant. The upstairs 4-bedroom STR stays well rented and was recently renovated and in excellent condition. The ground floor space, formerly a corner store with kitchen in the rear, features soaring high ceilings, exposed wood trusses, historic corner entrance, private rear room, and is currently in white-box condition. The property has a new roof. The offering is ideal for an owner/operator looking for additional income from the existing STR, or an investor looking to capitalize on the income from both spaces. Detailed financials are available upon request from qualified purchasers.

The property is located in Treme, just one block from Esplanade and a short 5-minute walk from the French Quarter. The space is in close proximity to a number of restaurants, retailers, historic New Orleans establishments, and all the bars and attractions of the French Quarter which makes this such a desirable short-term rental operation.