1127 DECATUR Street, New Orleans, LA 70116
New Listing
$1,275,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
5,104
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$1,275,000
List Date:
5/02/2026
Last Modified:
5/02/2026
Listing Details MLS# NO2555828
Listing Info
- For Sale
- Yes
- Delayed Marketing
- No
- Listing Price
- 1275000
- List Price/SqFt
- 249.8
- Document Modified
- 2026-05-02 15:34:29.364162
- Modification Timestamp
- 2026-05-02T23:36:31Z
- Photo Modified
- 2026-05-02T20:34:33Z
Location Tax Legal Info
- Street Number
- 1127
- Street Name
- DECATUR Street
- Parish
- Orleans
- State
- LA
- Zip Code
- 70116
- Tax Assessment Number
- 208100516
- Zone
- VCC-1
- Directions
- 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. Bounding Streets: GOVERNOR NICHOLLS ST & BARRACKS ST
General Property Description
- Lot Dimensions
- 25x130
- Acres
- 0.08
- SqFt - Total
- 5104
- SqFt - Source
- Appraiser
- Stories
- 4
- Acreage Range
- 0 - 0.5
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 57969142
- Originating System Listing ID
- 2555828
- Originating System Name
- ROAM Matrix
Location, Tax & Legal Info
- Legal Desc
- SQ 19 LOT 6 DECATUR 25X130
Sale/Lease Info
- Lease Purchase
- No
More Information
Remarks & Misc
- Remarks
- There are properties you buy -- and then there are properties that choose you. This four-story mixed-use building, zoned Vieux Carre Commercial (VCC), sits at one of the most coveted addresses in America, offering four income streams, extraordinary original architecture, and significant upside potential upon renovation. Steps from the French Market, the Mississippi River, the New Orleans Jazz Museum, and the newly opened Goldring Woldenberg Riverfront Park -- creating nearly 21/4 miles of continuous riverfront access. Thousands of visitors walk this block of Decatur Street daily. GROUND FLOOR -- A retail tenant in place with a 10-year lease, generating income from day one. Classic French Quarter storefront with original display windows and exceptional street presence. SECOND FLOOR -- A one-bedroom apartment with wide-plank hardwood floors, ornate original millwork, full kitchen and bath, and French doors opening onto a gallery overlooking Decatur Street. THIRD FLOOR -- An expansive signature space boasting two fireplaces, rich architectural details, and a private balcony with sweeping views over the Quarter. A premium rental or owner's residence in the making. FOURTH FLOOR -- A finished attic-level studio with stained glass skylights, an oversized cast-iron soaking tub, and a magnificent marble sink. A space that rewards imagination. REAR COURTYARD & DEPENDENCY -- A laid-brick private courtyard leads to a two-story dependency producing rental income for over 20 years, featuring a one-bedroom layout with an original two-sided fireplace. Proven revenue streams. A 10-year retail lease. A globally recognized location. Original brick, iron, timber, and marble that cannot be reproduced at any price. For the investor prepared to renovate, this property offers a generational return in one of America's most enduring real estate markets.
Office/Member/Contract Info
- List AOR
- NOMAR
Property Type
- Retail
- Yes
Construction
- Brick
- Yes
- Stucco
- Yes
Property Features
Property Type:
Retail
Construction:
Brick; Stucco
Property Disclosures ›
IDX
Listing Office:
Crescent Sotheby's International
Last Updated: May - 02 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.