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For sale
  • $4,950,000

    425 Decatur St, New Orleans, LA 70130

    --beds
    19,946sqft
    : 
    $35,679/mo
    Get pre-qualified
    Other
    Built in 1850
    -- sqft lot
    $-- Zestimate®
    $248/sqft
    $-- HOA

    What's special

    Very high ceilings
    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 (describe as 1 or 2 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.
    1 hour
    15
    0

    Zillow last checked:

    Listed by:

    Blake Rose 504-766-6705,

    Preferred, REALTORSA® 504-766-6705

    Source: BHHS broker feed,MLS#: 2578667

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 1
      • Full bathrooms: 1
      Cooling
      • Central Air
      Features
      • Has basement: No
      Interior area
      • Total structure area: 19,946
      • Total interior livable area: 19,946 sqft

      Property

      Details
      • Parcel number: 206101608

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Other
      Materials
      • Brick
      Condition
      • Year built: 1850

      Community & HOA

      Location
      • Region: New Orleans

      Financial & listing details

      • Price per square foot: $248/sqft
      • Tax assessed value: $3,581,300
      • Annual tax amount: $53,960
      • Date on market: 9/30/2026
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,809/mo

        Price history

        DateEventPrice
        9/30/2026Listed for sale$4,950,000$248/sqft
        Source: BHHS broker feed #2578667 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$53,960 $408,820
        2025$53,960 -1.5%$408,820
        2024$54,778 -4.8%$408,820
        2023$57,525 +225%$408,820 +225%
        2022$17,701 -2.3%$125,800
        2021$18,109 -1%$125,800
        2020$18,289 -17.8%$125,800 -14.6%
        2019$22,260 $147,340
        2018$22,260 $147,340 +116.1%
        2017$22,260 -1.9%$68,190
        2016$22,702 +119.3%$68,190
        2015$10,350 $68,190
        2014$10,350 $68,190
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: French Quarter

        Getting around

        90 / 100
        Very Walkable
        83 / 100
        Excellent Transit
        88 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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