324 Chartres Street

Description

Prime French Quarter Commercial & Residential Property | 324 Chartres StreetLocated in the heart of the historic French Quarter, 324 Chartres Street offers an exceptional investment opportunity in one of New Orleans’ most coveted commercial corridors. This mixed-use property features a high-end retail space on the ground floor, currently home to a luxury shoe boutique, and two fully furnished residential apartments on the second and third floors.Recent updates and renovations include a brand-new roof (2025), 2 new air-conditioning units, and a complete renovation of the second-floor apartment in 2023, blending modern comfort with classic French Quarter charm.Excellent location positioned just steps from the Louisiana Supreme Court Building, and only a few blocks from Jackson Square, the Mississippi River, and the best dining, shopping, and entertainment the Quarter has to offer.Whether you’re seeking a prime commercial investment, a live-work opportunity in one of New Orleans’ most iconic locations, 324 Chartres Street delivers unmatched potential and prestige.Investment SnapshotTotal Monthly Rent: $10,350Annual Gross Income: $124,200100% Occupied | Turnkey | Utilities Included in All LeasesFirst Floor – Commercial SpaceTenant: Shoe BoutiqueRent: $5,500/monthApprox. Size: ±1,750 sqftUse: RetailUtilities IncludedSecond Floor – Residential ApartmentLayout: 2 Bedrooms / 2 BathroomsApprox. Size: ±1,750 sqftRent: $2,500/monthRenovated: Converted from commercial in 2024Utilities IncludedThird Floor – Residential ApartmentLayout: 2 Bedrooms / 2 BathroomsApprox. Size: ±1,750 sqftRent: $2,350/monthRenovated: After 2012 purchaseFully Furnished | Utilities Included