1138-1140 CHARTRES ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70116
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,683 sqft
Price per Sqft $429
MLS Listing ID 2504044
Year Built 1880
Property Description
1138-40 Chartres Street offers an exceptional development opportunity in the heart of New Orleans' French Quarter, ideal for transforming into a boutique bed and breakfast, luxury condominiums, or high-end vacation rentals. Just moments from Jackson Square, Royal Street, and world-class dining and entertainment, this dual-structure property blends iconic architectural charm—iron balconies, high ceilings, and original hardwood floors—with exceptional redevelopment flexibility. Its layout and location support a range of lucrative strategies, including multi-unit short-term rentals or themed hospitality offerings, and may qualify for commercial or STR permitting pending city approval. With soaring demand for distinctive accommodations in this historic district, 1138-40 Chartres represents a compelling opportunity to capitalize on the area's strong tourism and rental markets while owning a piece of New Orleans' rich architectural heritage.
UNIT 1: 319 SF- 1 BED/ 1 BATH
UNIT 2: 262 SF- 1 BED/ 1 BATH
UNIT 3: 789 SF- 1 BED/ 1 FULL & 1 HALF BATH
UNIT 4: 445 SF- 1 BED/ 1 BATH
UNIT 5: 552 SF- 1 BED/ 1 BATH
UNIT 6: 360 SF- 1 BED/ 1 BATH
OFFICE: 367 SF- 1 BED/ 1 BATH
538: 2,589 SF- 2 BEDS/ 3 FULL & 1 HALF BATH
Location
State LA
County Orleans
Zoning VCR-2
Exterior
Parking Features Off Street
Building
Lot Description Corner Lot,City Lot,Oversized Lot
Dwelling Type Hotel/Motel,Mixed Use,Other
Sewer Public Sewer
Water Public
Others
Special Listing Condition None