Property Description

Exceptional opportunity to acquire a commercially zoned raised double in the heart of the Historic Marigny/Trem/Bywater Commercial District?one of New Orleans' most vibrant and evolving corridors. This property offers tremendous flexibility for redevelopment or adaptive reuse, with zoning under the New Orleans Comprehensive Zoning Ordinance permitting a wide range of potential uses, including Hotel/Motel, Commercial Short-Term Rental, Recording Studio, Adult Day Care Facility, Art Gallery, or Studio. It is also preliminarily qualified for Historic Tax Credits as a contributing structure to the St. Claude Corridor Cultural District. The sale also includes a vacant lot at 4032 Marais Street (35' x 120'), directly abutting the rear of 4031 St. Claude Avenue. Together, the two parcels form a contiguous tract extending from St. Claude Avenue to Marais Street, providing dual street frontage and expanded development possibilities. The existing structure currently features residential tenants in both upper units, with workshop and music studio spaces on the ground floor. All lease agreements are month-to-month, allowing for maximum flexibility for new ownership. This is a rare chance to secure a high-visibility property with substantial redevelopment potential in one of New Orleans' most creative and culturally rich neighborhoods. Property to be sold in 'as is, where is" condition with a Waiver of Redhibition to be executed and made part of the sale documents.

Property Features