309 Decatur Street New Orleans, LA $ 4,950,000
309 Decatur Street
$ 4,950,000
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309 Decatur Street

New Orleans, LA, 70130
$ 4,950,000
Bedrooms-- Baths-- Sq 18,540

Monthly Estimate*

$ 30,882

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Commercial Property for sale in New Orleans, LA

for $4,950,000. This 18,540 square foot building was built in 1890 on a lot size of 0.151.

This property is available for purchase either as an owner-occupied opportunity or as an income-producing investment in the heart of the French Quarter of New Orleans. The property is a three-story, general commercial building situated at 309-311 Decatur Street with dual access in the front. The building is currently a multi-tenant building that has restaurant/bar space with a commercial kitchen (equipment included) on the first floor, general commercial space on the second floor, and office space on the third floor. Each floor is accessible via two interior stairwells and a passenger elevator; each floor features its own restrooms. The property’s site area is 6,540 square feet; it is rectangular in shape with 42.5 feet along Decatur Street and a depth of 153.5 feet. The property is zoned VCE-1, Vieux Carre Entertainment District in the City of New Orleans.

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Commercial Active

Price

$ 4,950,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.151

Year Built

1890

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2498473

Features
General
Sewer Public Sewer
Zoning VCE-1
Construction Materials Brick
Year Built 1890
Accessibility Accessibility Features
County Orleans
Property Type Commercial Sale
Full Baths 0
Status Active
City New Orleans
Structure Type Office Retail
Standard Status Active
Legal Description SQ 29 LOTS C D DECATUR 43X153 309-11 DECATUR STREET
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Exterior
Parking Features Off Street
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.151
Building Area Total 18540
Lot Dimensions 42.5 x 153.5
Lot Size Acres 0.151
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Compass Mandeville (Latt15)

Broker

group@chipgardner.com

Email

Affordability Calculator

$30,882
Per Month
100%
0%
0%
Monthly Principal & Interest
$30,882
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
4/25/2025$4,950,000 Listed Price

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309 Decatur Street, New Orleans, LA, 70130 is a Commercial Property for sale at $4,950,000 with 18,540 sqft and a lot size of 0.151. 309 Decatur Street was built in 1890. The property's zip code is 70130 which is in New Orleans, LA