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$ 2,439,000
Est. payment /mo
Active
1138-1140 CHARTRES ST New Orleans, LA 70116
5,683 SqFt
UPDATED:
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
HOA Y/N No
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
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
Interior
Fireplace No
Exterior
Parking Features Off Street
Water Access Desc Public
Building
Lot Description Corner Lot, City Lot, Oversized Lot
Dwelling Type Hotel/Motel,Mixed Use,Other
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Additional Building Living Quarters
Others
Tax ID 208100510
Special Listing Condition None
Listed by LATTER & BLUM (LATT28)