510 NATCHEZ Street, New Orleans, Louisiana, 70130

Listed by Wurth Real Estate Services, Barrett Van Zandt
$1,950,000
#2573274
Phenomenal location in the CBD between Magazine and Camp on Natchez Street. Originally constructed in c.1900, the building is currently made up of two vacant 1st floor commercial spaces (Approximately 2200 SF total) along with 4 fully occupied residential units through the 2nd and 3rd floor. Value-add potential!!! Currently zoned as CBD-2 (http://czo.nola.gov/Article-17#17-2-B) allowing for commercial and mixed use.Natchez Street is one of the few remaining "original" commercial alleys in the CBD that retains its late-19th-century industrial scale. Steps from the Federal Courts, the St. Charles Streetcar, and the city’s finest dining on Magazine Street, Natchez Street is the "Quiet Core" of the CBD. It offers the prestige of a downtown address with the intimacy of a historic side street.CBD-2 HISTORIC COMMERCIAL AND MIXED-USE DISTRICT: This district is intended to provide for the reuse of existing structures in historic districts and along prominent mixed-use corridors that frame the Central Business District. Buildings in the CBD-2 District provide small floor plates for office, retail, institutional, and residential uses that support the vitality of the Central Business District as a destination for residents and visitors. The CBD-2 District addresses unique corridors and historic districts within the Central Business District, including Convention Center Boulevard, the Picayune Place Historic District, and the central portion of Canal Street.

PROPERTY FEATURES

  • Business Type : Commercial, Hotel/Motel
  • Utilities : Natural Gas Not Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Current Use : Commercial, Office, Residential
  • Zoning : CBD-2
  • Construction Materials: Brick
PROPERTY DETAILS
ID: 2573274
Status: Active
Price: $1,950,000
Type: Other
Address: 510 NATCHEZ Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70130
Lat/Long: 29.94964, -90.068343
Presented By: Barrett Van Zandt
Phone:
Email: Click to Contact