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Listed byBridgewater Realty Advisors • Bryce A Danna-Marullo • 504-901-0463
$ 2,250,000
Est. payment | /mo
5,857 SqFt
$ 2,250,000
Est. payment | /mo
5,857 SqFt
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,857 sqft
Price per Sqft $384
MLS Listing ID 2523852
HOA Y/N No
Year Built 1837
Acres 0.05
Lot Dimensions 41x53
Property Sub-Type Commercial
Source ROAM MLS
Land Area 5857
Property Description
100% Leased & Renovated, $16,750 per month gross rent, Mixed-Use building. 311 Exchange Place offers the opportunity to own the "Edgar Degas House" a fully renovated historic property with a mix of residential and commercial space in the heart of the French Quarter. Featuring 5,857 square feet across multiple units, this asset combines irreplaceable French Quarter architecture with extensive modern upgrades including a new elevator and renovated interiors. The building's courtyard has been beautifully restored and its exterior proudly displays a commemorative plaque marking where Edgar Degas once painted, adding unique cultural value. Positioned on one of the Quarter's most desirable pedestrian corridors, this property benefits from strong year-round foot traffic and limited competing inventory making it an exceptional investment for long-term income and appreciation. Two ground floor commercial spaces and four spacious 2 bedroom, 1 bath apartments altogether. Seller financing available, 30 yr AM, 5-7 yr balloon, min. 20% down, rate negotiable.
Location
State LA
County Orleans
Area 0.05
Interior
Cooling Central Air
Fireplace No
Exterior
Utilities Available Natural Gas Available
Roof Type Flat
Garage No
Building
Lot Description Other
Water Public
New Construction No
Others
Tax ID 206102602
Virtual Tour https://www.propertypanorama.com/instaview/roam/2523852
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