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$1,275,000
Est. payment /mo
5,058 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,058 sqft
Price per Sqft $252
MLS Listing ID 2555851
HOA Y/N No
Year Built 1830
Acres 0.08
Lot Dimensions 25x130
Property Sub-Type Commercial
Source ROAM MLS
Land Area 5058
Property Description
Built circa 1830, 1127 Decatur Street is a 5,058-square-foot, four-story mixed-use building in the French Quarter, one block from the French Market. Both tenants — ground-floor retail and the dependency — have recently vacated, putting all three income components under one owner's control for the first time: storefront, second-floor apartment, and dependency, plus a third-floor residence and primary suite.The building sits on a 3,484.8-square-foot lot, zoned VCC-1, and is offered at $1,275,000, backed by a recent appraisal.The ground-floor storefront has original display windows and direct sightlines down Decatur Street. A separate passage beside the storefront leads from Decatur Street through exposed brick and plaster to the rear courtyard, giving the upper floors and dependency independent access. The second-floor apartment has wide-plank hardwood floors, original millwork, a full kitchen and bath, and French doors onto a gallery elevated two stories above the street. A covered walkway connects this floor to the dependency's second story, aiding ventilation. The third floor has two fireplaces and French doors to a private balcony with views of the Crescent City Connection, Esplanade Avenue, and Decatur Street. A tall arched window lights the third-floor stair landing, where a steep but solid original staircase climbs to an attic-level primary suite: an open bedroom with exposed timber framing, brick masonry, wood-paneled walls, stained-glass skylights, a bathroom with a cast-iron soaking tub and marble sink, and laundry.Behind the main building, a courtyard laid in aged brick leads to an original wooden staircase — curved handrail, turned newel post, slender balusters — and to a two-story dependency with a one-bedroom layout and a two-sided fireplace. The retail space previously leased for $2,500 per month; all units are now vacant.Buyers should independently verify intended uses, condition and rental potential.
Location
State LA
County Orleans
Area 0.08
Direction FROM N PETERS ST TURN ONTO BARRACKS ST THEN TURN ONTO DECATUR ST. PROPERTY IS RIGHT PASSED GOVERNOR NICHOLLS ST. ON THE RIGHT SIDE OF DECATUR.
Interior
Cooling Central Air
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Slate
Garage No
Building
Lot Description Other
Water Public
New Construction No
Others
Tax ID 208100516
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Listed by Crescent Sotheby's International
NEARBY SCHOOL & BUSINESS
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