$1,950,000

Phenomenal location in the CBD between Magazine and Camp on Natchez Street. Originally constructed in c.1900, the building is currently made up of two vacant 1st floor commercial spaces (Approximately 2200 SF total) along with 4 fully occupied residential units through the 2nd and 3rd floor. Value-add potential!!! Currently zoned as CBD-2 (http://czo.nola.gov/Article-17#17-2-B) allowing for commercial and mixed use. Natchez Street is one of the few remaining "original" commercial alleys in the CBD that retains its late-19th-century industrial scale. Steps from the Federal Courts, the St. Charles Streetcar, and the city’s finest dining on Magazine Street, Natchez Street is the "Quiet Core" of the CBD. It offers the prestige of a downtown address with the intimacy of a historic side street. CBD-2 HISTORIC COMMERCIAL AND MIXED-USE DISTRICT: This district is intended to provide for the reuse of existing structures in historic districts and along prominent mixed-use corridors that frame the Central Business District. Buildings in the CBD-2 District provide small floor plates for office, retail, institutional, and residential uses that support the vitality of the Central Business District as a destination for residents and visitors. The CBD-2 District addresses unique corridors and historic districts within the Central Business District, including Convention Center Boulevard, the Picayune Place Historic District, and the central portion of Canal Street.