421 FRENCHMAN Street, New Orleans, Louisiana, 70117

Listed by Compass Historic, John Schaff
$3,950,000
#2582789
RARE INVESTMENT & DEVELOPMENT OPPORTUNITY ON ICONIC FRENCHMEN STREET!An extraordinary opportunity to own a piece of New Orleans history in the heart of Faubourg Marigny! Prominently situated at Frenchmen and Decatur Streets, this distinctive three-story commercial property combines historic character, a premier location, and exceptional redevelopment potential.Currently home to the legendary Louisiana Music Factory on the ground floor, the expansive second and third floors offer exciting possibilities for residential apartments, a boutique hotel, or a unique mixed-use destination.An added advantage is the existing curb cut and garage door, offering potential for on-site parking or convenient off-street access—a valuable feature in this vibrant entertainment district.The impressive rooftop presents an opportunity to explore a shared outdoor gathering space. Imagine an elevated retreat above one of New Orleans' most celebrated cultural corridors!Surrounded by renowned live-music venues, restaurants, galleries, and locally owned shops, and just steps from the French Quarter, this exceptional location captures the authentic spirit of New Orleans.A rare opportunity to own a landmark property in one of the city's most celebrated destinations. Bring your vision and become part of the next chapter of Frenchmen Street!All proposed uses, rooftop additions, and parking configurations are subject to applicable zoning, historic preservation requirements, structural feasibility, and necessary approvals.

PROPERTY FEATURES

  • Business Type : Commercial, Hotel/Motel
  • Utilities : Natural Gas Not Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Total: 2
  • Current Use : Commercial, Residential
  • Zoning : HMC-2
  • Construction Materials: Brick
  • Interior Features: Elevator
PROPERTY DETAILS
ID: 2582789
Status: Active
Price: $3,950,000
Type: Other
Address: 421 FRENCHMAN Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70117
Lat/Long: 29.962433, -90.057408
Presented By: John Schaff
Phone:
Email: Click to Contact