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Multifamily Redevelopment Opportunity | Bourbon St

1131 Bourbon Street New Orleans, LA 70116

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Overview

Rare opportunity to own and renovate TWO distinct and historic structures on Bourbon Street - one is a stunning Greek Revival side hall townhouse and the other is an enchanting Victorian cottage. Both buildings boast numerous architectural details reflecting their rich heritage. The townhouse features classic high ceilings and wood floors while the cottage charms with its front porch and picturesque design. Two courtyard areas enhance the allure of this unique compound, providing serene outdoor spaces amidst the vibrant energy of Bourbon Street. Don't miss the chance to own a piece of New Orleans history with this exceptional property. Current zoning for the property is VCR-1 (Vieux Carré Residential District) and allows for multifamily use. All measurements are approximate/not guaranteed and are to be verified by the purchaser. Zoning, Overlays, and Intended Use are to be verified by the purchaser. The VCR-1 Vieux Carré Residential District is intended to preserve and protect existing residential development to maintain the authentic character of the historic Vieux Carré. Incompatible uses and building modifications are excluded from this residential district, and rehabilitation and adaptive reuse are encouraged. The French Quarter, also known as the Vieux Carré, is the oldest neighborhood in the city of New Orleans. After New Orleans (French: Nouvelle-Orléans) was founded in 1718 by Jean-Baptiste Le Moyne de Bienville, the city developed around the Vieux Carré ("Old Square" in English), a central square. The district is more commonly called the French Quarter today, or simply "The Quarter", related to changes in the city with American immigration after the 1803 Louisiana Purchase. Most of the extant historic buildings were constructed either in the late 18th century, during the city's period of Spanish rule, or were built during the first half of the 19th century, after U.S. purchase and statehood. The district as a whole has been designated as a National Historic Landmark, with numerous contributing buildings that are separately deemed significant. It is a prime tourist destination in the city, as well as attracting local residents.

For Sale

Multifamily
Sale Price
$1,178,000
Price Per SF
$248.3/SF
Building Size
4,745 SF
Acres
0.084 ac
Zoning
VCR-1
Number of Buildings
2
Floors
2
Year Built
1855
Construction Siding
Concrete
Construction Type
Framed
Submarket
French Quarter
Property Status
Existing
County
Orleans
Created
2024-11-04
Updated
2025-04-30
Listing ID
298c5303
Parcel APN
208101607