French Quarter Investment
1224 Decatur Street, New Orleans, Orleans 70116
Located on Decatur Street just steps to the French Market in the heart of the French Quarter, 1224 Decatur Street offers a well-positioned and maintained mixed-use investment for sale. The ground floor is leased at $4,500/month (NNN) and is currently under construction for retail use. Two three-bedroom apartments and an attic storage space (which could be converted into an additional apartment unit) occupy the upper floors. The 2nd-floor apartment is paying $2,875 + utilities, while the 3rd floor apartment is currently paying $2,775/month + utilities.
The property is located in the French Quarter in New Orleans and is within walking distance to Dian Xin, Louisiana Pizza Kitchen, The New Orleans Jazz Museum (formerly New Orleans Mint), the American Sports Saloon, all of the restaurants and retailers at the French Market, and a host of other shops located within the French Quarter.
For additional information, see linked brochure.
Address: 1224 Decatur Street
City: New Orleans
Zip Code: 70116
Neighborhood: French Quarter