Unparalleled Frenchmen Street Development Opportunity
421 Frenchmen St New Orleans, LA 70116

Overview
Unparalleled Frenchmen St development opportunity available for acquisition at the bustling intersection of Frenchmen and Decatur St. 421 Frenchmen Street serves as the gateway to the lively Frenchmen Street entertainment district in the Faubourg Marigny, an area renowned for its vibrant atmosphere, featuring popular live music venues, diverse restaurants, bars, coffee shops, and an array of local businesses, including record and book shops. This historic-tax-credit-eligible property offers a significant ±15,308 SF of improvements supplemented by an elevator shaft, all sited on a prime ±4,876 SF corner parcel. The site is currently zoned HMC-2 (Historic Marigny/Tremé/Bywater Commercial District) with RDO-1, AC-1, RIV overlays allowing for a multitude of uses. All measurements are approximate/not guaranteed and are to be verified by the purchaser. Tax Credits, Zoning, Overlays/Interim Zoning, and Intended Use are to be verified by the purchaser.
HMC-2 (Historic Marigny/Tremé/Bywater Commercial District)
The HMC-2 Historic Marigny/Tremé/Bywater Commercial District is intended to permit more intensive commercial uses than the HMC-1 District, yet protect the historic character of the Marigny/Tremé/Bywater area. The district includes the peripheral properties in Marigny/Tremé/Bywater that front on major traffic arteries and can provide access for more intense commercial uses. This district also allows higher residential densities when a project is providing significant public benefit.
Attachments
For Sale
- Sale Price
- $4,500,000
- Price Per SF
- $294/SF
- Building Size
- 15,308 SF
- Acres
- 0.135 ac
- Zoning
- HMC-2
- Building Class
- B
- Number of Buildings
- 1
- Floors
- 3
- Construction Type
- Framed
- Submarket
- French Quarter
- Nearest MSA
- New Orleans-Metairie
- Property Status
- Existing
- County
- Orleans Parish
- Created
- 2024-07-30
- Updated
- 2025-10-01
- Listing ID
- 0220ed7a
- Parcel APN
- 37W100112