425 DECATUR Street, New Orleans, LA 70130 (MLS# NO2578667)

425 DECATUR Street, New Orleans, LA 70130

New Listing
$4,950,000
Property Type: MultiFamily Square Footage: 19,946 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $4,950,000 List Date: 9/30/2026 Last Modified: 10/01/2026

Overview

Description

PREMIER RETAIL and DEVELOPMENT OPPORTUNITY in one the busiest, most high-demand parts of the beautiful New Orleans FRENCH QUARTER. At almost 20,000 square feet, this HISTORIC 3-story building dates from roughly 1850 and brings in over $20K/month in rental income from the 2x retail tenants on the 1st floor with potential for much, MUCH more.

The 2nd and 3rd floors are in a shell state and ready to be built out into HIGH-END office and/or multifamily spaces. Ownership is in the process of having architectural plans for LUXURY CONDOS approved by the HDLC and will share with buyer under appropriate circumstances. Both upper stories have VERY HIGH CEILINGS, making a comfortable buildout suitable, even with room for as yet to be installed HVAC and plumbing systems.

Tujague's and the New Orleans Jazz National Historical Park Visitors Center make for excellent neighbors. VCC-2 zoning. Flood zone x.

Listing Details MLS# NO2578667

Listing Info

Delayed Marketing
No
Listing Price
4950000
List Price/SqFt
248.17
Document Modified
2026-09-30 11:18:14.204234
Modification Timestamp
2026-10-01T16:15:33Z
Photo Modified
2026-09-30T16:13:11Z

Location Tax Legal Info

Street Number
425
Street Name
DECATUR Street
Parish
Orleans
State
LA
Zip Code
70130
Tax Assessment Number
206101608
Directions
Bounding Streets: Chartres, N Peters, Conti, St Louis

General Property Description

Number of Units
Yes
Stories
3
SqFt - Total
19946
SqFt - Source
Appraiser
Lot Dimensions
34 x 214
Acres
0.16

Currently Not Used

Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
59858346
Originating System Listing ID
2578667
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
SQ 28 LOT 9 DECATUR 34X214 425-27 DECATUR 425-27 DECATUR

More Information

Remarks & Misc

Remarks
<p style="color:green"> PREMIER RETAIL and DEVELOPMENT OPPORTUNITY in one the busiest, most high-demand parts of the beautiful New Orleans FRENCH QUARTER. At almost 20,000 square feet, this HISTORIC 3-story building dates from roughly 1850 and brings in over $20K/month in rental income from the 2x retail tenants on the 1st floor with potential for much, MUCH more. <p style="color:red"> The 2nd and 3rd floors are in a shell state and ready to be built out into HIGH-END office and/or multifamily spaces. Ownership is in the process of having architectural plans for LUXURY CONDOS approved by the HDLC and will share with buyer under appropriate circumstances. Both upper stories have VERY HIGH CEILINGS, making a comfortable buildout suitable, even with room for as yet to be installed HVAC and plumbing systems. <p style="color:purple"> Tujague's and the New Orleans Jazz National Historical Park Visitors Center make for excellent neighbors. VCC-2 zoning. Flood zone x.

Office/Member/Contract Info

List AOR
NOMAR

Parking

No Parking
Yes

Construction

Brick
Yes

Foundation

Slab
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Financing

Lease Purchase
Yes
Owner Finance
Yes

Property Features

Parking: No Parking Construction: Brick Foundation: Slab Heating: Central Cooling: Central Air Financing: Lease Purchase; Owner Finance
IDX
Listing Office: Berkshire Hathaway HomeServices Preferred, REALTOR
Last Updated: October - 01 - 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.