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.
For sale
$4,950,000
425 Decatur St, New Orleans, LA 70130
--beds
19,946sqft
Other
Built in 1850
-- sqft lot
$-- Zestimate®
$248/sqft
$-- HOA
What's special
Very high ceilings
- 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
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Listed for sale | $4,950,000$248/sqft |
Source: BHHS broker feed #2578667 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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





