1001 Marigny Street New Orleans, LA $ 699,000
1001 Marigny Street
$ 699,000
Recently Listed
Share Save

1001 Marigny Street

New Orleans, LA, 70117
$ 699,000
Bedrooms-- Baths-- Sq 2,900

Monthly Estimate*

$ 4,414

1001 Marigny Street, New Orleans, LA 70117 - Image 1
1001 Marigny Street, New Orleans, LA 70117 - Image 2
1001 Marigny Street, New Orleans, LA 70117 - Image 3
1001 Marigny Street, New Orleans, LA 70117 - Image 4
1001 Marigny Street, New Orleans, LA 70117 - Image 5
1001 Marigny Street, New Orleans, LA 70117 - Image 6
1001 Marigny Street, New Orleans, LA 70117 - Image 7

Commercial Property for sale in New Orleans, LA

for $699,000. This 2,900 square foot building was built in 1850.

Rare corner mixed-use opportunity in the heart of the Faubourg Marigny, currently operating as part of an established boutique lodging property. This 3,400 square foot building sits at a hard corner just off the Elysian Fields and St. Claude intersection — one of the highest-traffic crossroads on the downriver side of the city — and directly across from Robért Fresh Market. The building presently houses the administrative office for the Historic Mardi Gras Inn along with four apartment units operated in connection with the Inn. The property conveys as a functioning, income-producing asset with existing lodging infrastructure in place — a meaningful head start in a market where new commercial transient lodging entitlements are difficult to obtain. The rear portion of the structure presents an opportunity for reconfiguration, including the potential removal of the rear section to create a private courtyard and pool amenity — a significant differentiator for guest-facing operations in this submarket. Alternatively, the building supports conversion to office, retail, restaurant, gallery, or professional service use under HMC-2 zoning, or continued operation as-is. Corner position delivers frontage on two streets, strong visibility, and steady foot and vehicle traffic from the surrounding neighborhood, the St. Claude arts corridor, and daily grocery shoppers. Walkable to the French Quarter, Frenchmen Street, and Bywater. Zoned HMC-2 (Historic Marigny/Tremé/Bywater Commercial District). The property may qualify for the 20% Federal and 25% Louisiana State Historic Rehabilitation Tax Credits on certified qualified rehabilitation expenditures, and shorter-life assets identified through cost segregation may be eligible for 100% first-year bonus depreciation under the One Big Beautiful Bill Act. All permitting, entitlement, and incentive eligibility to be independently verified by buyer.

See more

Commercial Active

Price

$ 699,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1850

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2575663

Features
General
Sewer Public Sewer
Utilities Water Not Available
Zoning HMC-2
Year Built 1850
County Orleans
Property Type Commercial Sale
Possible Use Medical/Dental
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use
Standard Status Active
See more
Exterior
Parking Features None
Lot Features Corner Lot City Lot Rectangular Lot
Water Source None
Lot Size Area 0
Building Area Total 3400
Lot Dimensions 32x64
Lot Size Acres 0
See more
Interior
Half Baths 0
Total Bedrooms 0
See more
* Excluded Features
List By
Parish Realty Of Louisiana Inc

Broker

garybno@gmail.com

Email

Affordability Calculator

$4,414
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,414
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$699,000 Listed Price

Map


See all

1001 Marigny Street, New Orleans, LA, 70117 is a Commercial Property for sale at $699,000 with 2,900 sqft. 1001 Marigny Street was built in 1850. The property's zip code is 70117 which is in New Orleans, LA