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General Commercial Building 309-311 Decatur St 15,935 SF 100% Leased Retail Building New Orleans, LA 70130 $6,664,896 CAD ($418.26 CAD/SF)

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EXECUTIVE SUMMARY

This property is available for purchase either as an owner-occupied opportunity or as an income-producing investment in the heart of the French Quarter of New Orleans. The property is a three-story, general commercial building situated at 309-311 Decatur Street with dual access in the front. The building is currently a multi-tenant building that has restaurant/bar space with a commercial kitchen (equipment included) on the first floor, general commercial space on the second floor, and office space on the third floor. Each floor is accessible via two interior stairwells and a passenger elevator; each floor features its own restrooms. The property’s site area is 6,540 square feet; it is rectangular in shape with 42.5 feet along Decatur Street and a depth of 153.5 feet. The property is zoned VCE-1, Vieux Carre Entertainment District in the City of New Orleans. Contact the Listing Agents for additional lease information.

Offering Memorandum

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

15,935 SF

Building Class

Year Built

1880

Price

$6,664,896 CAD

Price Per SF

$418.26 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

3 Stories

Building FAR

2.44

Lot Size

0.15 AC

Zoning

VCE-1 - Vieux Carre Entertainment District

Frontage

43’ on Decatur St

Bus Line

Signage

Accommodation and Food Services
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Creole Cuisine is New Orleans’ largest family-owned hospitality group, featuring 25+ restaurants, bars, and event venues in the French Quarter and beyond. Whether you’re a NOLA native or visiting from across the globe, they are here to make you feel at home. If you’re looking for seafood specialties like raw oysters, Cajun classics like red beans and rice, or refreshing drinks like their famous daiquiris, their restaurants and bars offer you a true taste of New Orleans. They promise to always deliver great food, great service, and great ambiance to every guest, every visit. Whether you’re planning to celebrate Mardi Gras in style or get married in a historic New Orleans venue, their event spaces offer balconies, courtyards, and stunning river views. The company can accommodate groups from 25 to 500.