Specialty Real Estate
201 Chartres Street New Orleans, LA 70130
Details & Description
Price: $5,000,000
    An extraordinary French Quarter opportunity! This 150+ year old historic four and one half story building includes 20 units (1 ground floor commercial and 19 apartments, including 2 penthouse apartments each with their own private roof top patio). The elevator serviced commercial/residential building contains +/- 21,250 SF of Gross Building Area of which +/-18,970 SF is net rentable area and +/-2,280 SF is common area. The residential unit mix consist of twelve 1bed/1bath units and seven 2bed/1bath units. The ground floor commercial suite is 4,926 RSF and is currently being offered for lease at $35.00 psf NNN. The building is situated at the northeast corner of Chartres and Iberville Streets with 64.73 feet fronting Chartres Street and 69.5 feet fronting Iberville Street. Lease summaries and financial data available upon execution of a confidentiality agreement. The building is 60% occupied.
    Additional Photos
    Listing Agents
    Schaffer Mickal

    O: 504-525-1311
    M: 504-569-9495
    smickal@latterblum.com
    Rhett Hymel

    O: 504-525-1311
    M: 225-773-3990
    rhymel@latterblum.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    201 Chartres Street

    New Orleans, LA 70130

    Listing ID: 234496
    • 201 Chartres Street New Orleans, LA 70130 | for Sale | Photo 1
    • 201 Chartres Street New Orleans, LA 70130 | for Sale | Photo 2
    • 201 Chartres Street New Orleans, LA 70130 | for Sale | Photo 3
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    • 201 Chartres Street New Orleans, LA 70130 | for Sale | Photo 5
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    Building Size: 21,250 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $235.29
    Land $/SF:
    Price
    $5,000,000
    Description

    An extraordinary French Quarter opportunity! This 150+ year old historic four and one half story building includes 20 units (1 ground floor commercial and 19 apartments, including 2 penthouse apartments each with their own private roof top patio). The elevator serviced commercial/residential building contains +/- 21,250 SF of Gross Building Area of which +/-18,970 SF is net rentable area and +/-2,280 SF is common area. The residential unit mix consist of twelve 1bed/1bath units and seven 2bed/1bath units. The ground floor commercial suite is 4,926 RSF and is currently being offered for lease at $35.00 psf NNN. The building is situated at the northeast corner of Chartres and Iberville Streets with 64.73 feet fronting Chartres Street and 69.5 feet fronting Iberville Street. Lease summaries and financial data available upon execution of a confidentiality agreement. The building is 60% occupied.

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    New Orleans History of Specialty Real Estate for Sale

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    New Orleans Area Market Trends

    Listing Demographics for 201 Chartres Street New Orleans, LA 70130

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,048180,806382,440
    Population Median Age474039
    Population by Age0-9 Yrs942 (6%)17133 (9%)42491 (11%)
    10-19 Yrs450 (2%)15558 (8%)38652 (10%)
    20-29 Yrs1842 (12%)29577 (16%)58412 (15%)
    30-39 Yrs2755 (18%)34077 (18%)64663 (16%)
    40-49 Yrs1910 (12%)22045 (12%)46360 (12%)
    50-59 Yrs2473 (16%)23994 (13%)50064 (13%)
    60-69 Yrs2390 (15%)22371 (12%)45446 (11%)
    70+ Yrs2286 (15%)16051 (8%)36352 (9%)
    Median HH Income$55,144$40,106$44,450
    Total Household Income< 24K2260 (25%)27285 (35%)49320 (31%)
    25-49K1826 (20%)17752 (22%)34778 (22%)
    50-74K1082 (12%)10988 (14%)22671 (14%)
    75-99K982 (11%)6679 (8%)15058 (9%)
    100-199K1637 (18%)10447 (13%)23048 (14%)
    200K+950 (10%)4566 (5%)10264 (6%)
    Highest Education LevelNo Diploma9662119338949
    Diploma or GED21493085064043
    Some College23032686556463
    Assoc. Degree563595313144
    Bachelors Degree41703050559609
    Higher Degree29542176544343
    Total Housing Units14,999104,195193,651
    --Owner-Occupied3,64731,17774,741
    --Renter-Occupied5,09146,53980,398
    Owner-Occupied Values< 100K9034398272
    100-199K403742522601
    200-299K647630815292
    300-399K63449589509
    400-499K58634686036
    500K+1287557813031
    Total Working Age Population13,858154,586317,404
    In Work Force9,00396,200198,657
    Not In Work Force4,85558,386118,748
    Workforce Employed8,38987,826183,100
    Workforce Unemployed5757,91414,786
    Civlian Workforce8,96495,741197,886
    Military Workforce39459770
    Total Households8,73777,716155,139
    Family Households2,49630,85072,853
    Non-Family Households6,24246,86682,286
    Married Couple1,91217,40944,131
    Other Family58413,44128,722
    Married w/Child2804,97014,875
    Single Male w/Child359902,534
    Single Female w/Child2745,05011,079

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Louisiana4,468,976+14,533,372+14,588,310+54,813,420
    Jefferson Parish455,466-5432,552+4450,200+1454,670
    Lafourche Parish89,974+796,318095,990095,990
    Orleans Parish484,674-29343,829-26255,4400256,010
    Plaquemines Parish26,757-1423,042+1225,770+1329,130
    St. Bernard Parish67,229-4735,897-3822,210+122,480

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 201 Chartres Street in New Orleans?
    The asking price for 201 Chartres Street is $5,000,000
    What is the building size of this Specialty property in New Orleans, LA?
    The size of the building/unit at 201 Chartres Street in New Orleans is 21,250 square feet
    What kind of Specialty is the propery at 201 Chartres Street?
    The property at 201 Chartres Street New Orleans, LA 70130 is listed as a Other Specialty Specialty property
    What is the population within 1 mile of 201 Chartres Street in New Orleans?
    The population within 1 mile of 201 Chartres Street New Orleans, LA 70130 is 15,048 people.
    Who do I contact for questions about 201 Chartres Street?
    You should contact the listing agent, Schaffer Mickal, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Louis Armstrong New Orleans International Airport (MSY) 12
    Gulfport Biloxi International Airport (GPT) 67
    Lafayette Regional Airport (LFT) 116