ONLINE AUCTION-FRENCH QUARTER NEW ORLEANS

509 Iberville St New Orleans, LA 70130

509 Iberville St, New Orleans, LA, 70130
509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130 509 Iberville St, New Orleans, LA, 70130
FOR SALE Auction Property
Property Type:
Street Retail
Amount:
$500,000
Last Verified:
May 15, 2024

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Highlights

  • -Online Auction June 20-27
  • -www.SVNGilmoreAuction.com
  • - Charming historic building with 5,295 SF of space
  • - Ideal for first floor retail with floors 2 & 3 for apartments
  • - Zoned VCE-1 to accommodate a variety of retail uses
  • - Prime location in the New Orleans French Quarter
  • - Built in 1900, showcasing unique architectural character
  • - High visibility with excellent street frontage
  • - Proximity to popular tourist attractions and local amenities

Description

ONLINE AUCTION JUNE 20-27
FRENCH QUARTER-NEW ORLEANS

5295 SF, three-story mixed-use building with masonry and beam construction and an exterior of brick and stucco. 880 SF of commercial space on the ground floor. The second floor includes a two-bedroom, two-bath apartment (884 SF) and a studio apartment unit (414 SF). The third floor and loft have a three-bedroom, two-bath apartment unit (1502 SF).

Terms: all-cash sale, with a 10% deposit and a signed purchase agreement within 48 hours of the auction. It is in “as is, where is” condition, with a 10% buyer’s premium added to the winning bid. Good title is guaranteed, with reserve. The price listed is the starting bid for the online auction.
In cooperation with The McEnery Company, Mo Alhindi

Located in the French Quarter of New Orleans. One block off Canal Street close to Decatur Street.


Year Built: 1900
Building Size: 5295sq ft
Building Class: B
Lot Size: 0.03 acres

Map of 509 Iberville St, New Orleans, LA, 70130

Presented by:
SVN | Gilmore Auction & Realty

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David Gilmore


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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