1502 Elysian Fields Avenue New Orleans, LA $ 1,600,000
1502 Elysian Fields Avenue
$ 1,600,000
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1502 Elysian Fields Avenue

New Orleans, LA, 70117
$ 1,600,000
Baths0.0 Sq 4,400

Monthly Estimate*

$ 11,176

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Studio

Commercial Property for sale in New Orleans, LA

for $1,600,000. This 4,400 square foot building was built in 1885.

Originally built ca.1885 as a single-family home, this large Second Empire style Victorian mansion sat vacant for many years prior to being brought back to life. 1500-02 Elysian Fields boasts a beautifully renovated historic building, meticulously restored in 2020 with modern systems while preserving its timeless charm. The ground floor features a spacious bar and events area with abundant seating, frequently showcasing live, local music. At the Inn upstairs, a fully licensed 6-bedroom hotel offers luxurious accommodations with exquisite finishes. This property offers a versatile opportunity, suitable for use as a large standalone nightly rental, thanks to its existing license. Alternatively, it can continue to operate as a bar/events space with a separate hotel above. Conveniently located less than a mile from the vibrant French Quarter, this property is easily accessible and rich in potential.

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1885

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2441567

Features
General
Sewer Public Sewer
Zoning HMC-2
Security Features Fire Sprinkler System
Year Built 1885
Stories 3
Levels Three Or More
Accessibility Accessibility Features
County Orleans
Property Type Commercial Sale
Total Rooms 0
Status Active
City New Orleans
Buyer Agent Compensation 3
Street Name ELYSIAN FIELDS
Days on Market 0
Structure Type Hotel/Motel Mixed Use Other
Standard Status Active
Buyer Agent Compensation Type %
Legal Description As per title
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Exterior
Parking Features None
Lot Features Corner Lot City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Building Area Total 6120
Lot Dimensions 32 x 136
Lot Size Acres 0
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Interior
Full Baths 0
Half Baths 0
Street Suffix Avenue
Total Bedrooms 0
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* Excluded Features
List By
Ben & Burka

Broker

Aaron@BenBurka.com

Email

Affordability Calculator

$11,176
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$1,600,000 Listed Price

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1502 Elysian Fields Avenue, New Orleans, LA, 70117 is a Commercial Property for sale at $1,600,000 with 4,400 sqft. 1502 Elysian Fields Avenue is a studio with 0.0 baths and was built in 1885. The property's zip code is 70117 which is in New Orleans, LA