241 Chartres St, New Orleans, LA 70130

Description

239-41 Chartres Street — Corner Commercial Opportunity

Own a prime corner property in one of the French Quarter's busiest and most walkable retail corridors, right at Chartres & Bienville. This 3-story masonry commercial building was built in 1828 as one in a row of four buildings. Property includes both 239 and 241 Chartres, two buildings connected internally. Excellent location that sees constant foot traffic. Both ground-floor commercial spaces — plus the second-floor commercial space on the 239 side — are in good, functional condition, with room to modernize finishes etc. A freight elevator and generous storage throughout make the space practical for retail, gallery, or similar use.

The upper floors include: four 1BR/1BA residential units on the 241 side (2 per floor/2nd and 3rd floor) and one larger 1BR unit on the 3rd floor of the 239 side, plus attic storage on 4th floor. These units are in need of updating, which provides great potential to reconfigure and make it your own. Plus a gorgeous wrap-around gallery overlooking Chartres and Bienville Street makes this a rare gem. For investors, this is a chance to reposition a huge, well-located property and build serious long-term value. Zoned VCC-2 for commercial use, with a prime corner location that's hard to find in the Quarter.