Property Description

Unlock the potential to create a high-demand income-producing property in one of New Orleans' fastest-evolving neighborhoods. Located along the vibrant Historic St. Claude Avenue corridor, this unique property offers an exceptional opportunity for investors, developers, or owner-occupants looking to convert the existing commercial layout into a spacious double or multi-family residence (subject to zoning, approvals, and permitting). The current owner has historically generated approximately $3,500 per month by leasing the spaces separately. Imagine designing two distinctive units that capture the character and energy of the surrounding Marigny, Bywater, and Trem neighborhoods? for long-term rentals, multigenerational living, or an owner-occupied investment with rental income helping offset your mortgage. The property's generous footprint and prominent corner presence provide flexibility for a thoughtful redevelopment while preserving the artistic character that makes this corridor so desirable. A striking original mural of Mardi Gras Indian Queen Tahj serves as a memorable landmark, adding authentic New Orleans character that sets the property apart. Located just minutes from the French Quarter, Frenchmen Street, Crescent Park, and an ever-growing collection of acclaimed restaurants, cafs, galleries, and neighborhood businesses, this location continues to attract residents seeking an urban lifestyle with historic charm. Whether you're an experienced investor looking to maximize value through a residential conversion or a buyer searching for a live-in investment opportunity, this property offers the chance to create something truly special in one of New Orleans' vibrant and culturally rich neighborhoods. Bring your vision and explore the possibilities of transforming this distinctive property into a beautiful income-producing double or multi-family residence. Opportunities to reimagine properties in this sought-after corridor are increasingly rare. Buyer should verify zoning, permitted uses, and all conversion requirements with the City of New Orleans. Owner is a licensed Realtor with the Louisiana Real Estate Commission.

Property Features