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Agent on Call

Andrea Laborde, REALTOR® Sales Associate
337-277-6503


$1,275,000
1127 DECATUR Street
New Orleans, LA 70116
MLS# NO2555851
5058 sqft


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Property Description
There are properties you buy -- and then there are properties that choose you. This four-story mixed-use building, zoned Vieux Carre Commercial (VCC), sits at one of the most coveted addresses in America, offering four income streams, extraordinary original architecture, and significant upside potential upon renovation. Steps from the French Market, the Mississippi River, the New Orleans Jazz Museum, and the newly opened Goldring Woldenberg Riverfront Park -- creating nearly 21/4 miles of continuous riverfront access. Thousands of visitors walk this block of Decatur Street daily. GROUND FLOOR -- A retail tenant in place with a 10-year lease, generating income from day one. Classic French Quarter storefront with original display windows and exceptional street presence. SECOND FLOOR -- A one-bedroom apartment with wide-plank hardwood floors, ornate original millwork, full kitchen and bath, and French doors opening onto a gallery overlooking Decatur Street. THIRD FLOOR -- An expansive signature space boasting two fireplaces, rich architectural details, and a private balcony with sweeping views over the Quarter. A premium rental or owner's residence in the making. FOURTH FLOOR -- A finished attic-level studio with stained glass skylights, an oversized cast-iron soaking tub, and a magnificent marble sink. A space that rewards imagination. REAR COURTYARD & DEPENDENCY -- A laid-brick private courtyard leads to a two-story dependency producing rental income for over 20 years, featuring a one-bedroom layout with an original two-sided fireplace. Proven revenue streams. A 10-year retail lease. A globally recognized location. Original brick, iron, timber, and marble that cannot be reproduced at any price. For the investor prepared to renovate, this property offers a generational return in one of America's most enduring real estate markets.

Details
Documents
Listing Info
Delayed Marketing: No
List Price/SqFt: 252.08
Document Modified: 2026-05-02 15:34:32.222031
Status: Active
Listing Date: 2026-05-02
Listing Price: 1275000
Current Price: $1,275,000
Modification Timestamp: 2026-05-02T23:46:35Z
Photo Modified: 2026-05-02T20:34:35Z
Location, Tax & Legal Info
Legal Desc: SQ 19 LOT 6 DECATUR 25X130
General Property Description
Lot Dimensions: 25x130
Stories: 4
SqFt - Total: 5058
SqFt - Source: Appraiser
Individual Metered?: Yes
Number of Units: 4
Acres: 0.08
Remarks & Misc
Remarks: There are properties you buy -- and then there are properties that choose you. This four-story mixed-use building, zoned Vieux Carre Commercial (VCC), sits at one of the most coveted addresses in America, offering four income streams, extraordinary original architecture, and significant upside potential upon renovation. Steps from the French Market, the Mississippi River, the New Orleans Jazz Museum, and the newly opened Goldring Woldenberg Riverfront Park -- creating nearly 21/4 miles of continuous riverfront access. Thousands of visitors walk this block of Decatur Street daily. GROUND FLOOR -- A retail tenant in place with a 10-year lease, generating income from day one. Classic French Quarter storefront with original display windows and exceptional street presence. SECOND FLOOR -- A one-bedroom apartment with wide-plank hardwood floors, ornate original millwork, full kitchen and bath, and French doors opening onto a gallery overlooking Decatur Street. THIRD FLOOR -- An expansive signature space boasting two fireplaces, rich architectural details, and a private balcony with sweeping views over the Quarter. A premium rental or owner's residence in the making. FOURTH FLOOR -- A finished attic-level studio with stained glass skylights, an oversized cast-iron soaking tub, and a magnificent marble sink. A space that rewards imagination. REAR COURTYARD & DEPENDENCY -- A laid-brick private courtyard leads to a two-story dependency producing rental income for over 20 years, featuring a one-bedroom layout with an original two-sided fireplace. Proven revenue streams. A 10-year retail lease. A globally recognized location. Original brick, iron, timber, and marble that cannot be reproduced at any price. For the investor prepared to renovate, this property offers a generational return in one of America's most enduring real estate markets.
Office/Member/Contract Info
List AOR: NOMAR
Currently Not Used
Acreage Range: 0 - 0.5
Siding
Stucco: 1
Construction
Brick: 1
Concrete: 1
Foundation
Slab: 1
Exterior
Balcony: 1
Roof
Slate: 1
Heating
Central: 1
Cooling
Central Air: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 57970723
Originating System Listing ID: 2555851
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 1127
Street Name: DECATUR Street
Parish: Orleans
State: LA
Zip Code: 70116
Tax Assessment Number: 208100516
Directions: FROM N PETERS ST TURN ONTO BARRACKS ST THEN TURN ONTO DECATUR ST. PROPERTY IS RIGHT PASSED GOVERNOR NICHOLLS ST. ON THE RIGHT SIDE OF DECATUR. Bounding Streets: GOVERNOR NICHOLLS ST & BARRACKS ST
Property Features
Siding: Stucco
Construction: Brick; Concrete
Foundation: Slab
Roof: Slate
Heating: Central
Cooling: Central Air
Exterior: Balcony
Listing Documents
View Document Property Disclosures
View Document Lead Base Disclosure
View Document Flood Determination
View Document Floorplan
View Document WOR

IDX
Listing Office: Crescent Sotheby's International

Last Updated: May - 02 - 2026

The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.


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GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for IDX. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.

Licensed & Regulated in the jurisdiction of the Louisiana Real Estate Commission, Members of the National Association of Realtors®, Louisiana Realtors®, Realtor® Association of Acadiana, Multiple Listing Service (MLS), Louisiana Commercial (www.lacdb.com), The Realtor® Commercial Alliance, Equal Housing Opportunity.

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    • COMMERCIAL LISTINGS: Business Opportunity, Industrial, Office, Restaurant/Lounge, Shopping Center, Hotel/Motel, Medical/Dental or Retail
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