$4,950,000

309 Decatur St New Orleans, LA 70130

French Quarter Neighborhood

Estimated payment $30,495/month

Total Views 5,165
-- Bed
-- Bath
18,540 Sq Ft
$267 Price per Sq Ft

Highlights

  • 0.15 Acre Lot
  • 3-minute walk to Bienville Street Station
  • 2-minute walk to Jean Lafitte National Historical Park and Preserve
  • Accessibility Features
  • Rectangular Lot

About This Home

This property is available for purchase either as an owner-occupied opportunity or as an income-producing investment in the heart of the French Quarter of New Orleans. The property is a three-story, general commercial building situated at 309-311 Decatur Street with dual access in the front. The building is currently a multi-tenant building that has restaurant/bar space with a commercial kitchen (equipment included) on the first floor, general commercial space on the second floor, and office space on the third floor. Each floor is accessible via two interior stairwells and a passenger elevator; each floor features its own restrooms. The property’s site area is 6,540 square feet; it is rectangular in shape with 42.5 feet along Decatur Street and a depth of 153.5 feet. The property is zoned VCE-1, Vieux Carre Entertainment District in the City of New Orleans.

Listing Agent

Herbert Dubuisson

LATTER & BLUM (LATT15) License #995694311 Listed on: 04/25/2025

LATTER & BLUM (LATT15)

Co-Listing Agent

Chip Gardner

LATTER & BLUM (LATT15) License #912124852

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $36,931

Year Built

  • Built in 1890

Lot Details

  • 6,578 Sq Ft Lot
  • Lot Dimensions are 42.5 x 153.5
  • Rectangular Lot
  • The community has rules related to zoning restrictions
  • Zoning described as VCE-1

Parking

  • Off-Street Parking

Home Design

  • 18,540 Sq Ft Home
  • Brick Exterior Construction

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 206101702

Property Details

Property Type

Other

Est. Annual Taxes

$36,931

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Business Type: Restaurant
  • Lot Size Acres: 0.151
  • Lot Size: 42.5 x 153.5
  • Co List Office Mls Id: LATT15
  • Co List Office Phone: (985) 626-5695
  • Structure Type: Office, Retail
  • Year Built: 1890
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Accessibility Features: Accessibility Features
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 206101702
  • Zoning Description: VCE-1
  • Zoning: VCE-1
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $36,931 $279,800 $46,050 $233,750
2024 $37,490 $279,800 $46,050 $233,750
2023 $32,286 $261,180 $46,050 $215,130
2022 $32,286 $229,450 $46,050 $183,400
2021 $33,789 $234,730 $46,050 $188,680
2020 $34,080 $234,420 $46,050 $188,370
2019 $35,416 $234,420 $46,050 $188,370
2018 $36,119 $234,420 $46,050 $188,370
2017 $34,648 $235,510 $39,470 $196,040
2016 $35,746 $235,510 $39,470 $196,040
2015 $35,013 $235,510 $39,470 $196,040
2014 -- $291,520 $39,470 $252,050
2013 -- $204,340 $39,470 $164,870
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 For Sale $4,950,000 -- $267 / Sq Ft
Source: ROAM MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,000 --
Warranty Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $44,100,415 Future Advance Clause Open End Mortgage
Previous Owner $270,000 Commercial
Source: Public Records

Source: ROAM MLS

MLS Number: 2498473

APN: 2-06-1-017-02

Louisiana Orleans Parish New Orleans 70130 French Quarter

309 Decatur St, New Orleans, LA

This home is located at 309 Decatur St, New Orleans, LA 70130 and is currently priced at $4,950,000, approximately $266 per square foot. This property was built in 1890. 309 Decatur St is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Mary Bethune Elementary School, and Homer A. Plessy Treme Community School.

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Listing Agent
Herbert Dubuisson
Section Image
LATTER & BLUM (LATT15)
(504) 385-1764