French Quarter Mixed-Use Investment Property | Toulouse St.

Outstanding French Quarter Mixed-Use investment property, near the hard corner of Toulouse St. and Royal St., available for acquisition. Located at 631 Toulouse, this multi-unit complex offers approx. 5,654.9 SF of net rentable area (w/ approx. 7,502.6 SF of total area) consisting of one commercial unit and five apartments all sited on a approx. 3,354 SF parcel. The subject property consists of two buildings, a three-story building fronting Toulouse St. and a three-story building at the rear of the subject site. The front building consists of an approx. 1,250.5 SF, ground-level commercial/retail space (recently leased) with two apartments occupying the 2nd and 3rd floors. The front building's two upper floors contain a total of approx. 1,972.5 SF each with a net rentable area of approx. 1,436.7 SF and approx. 1,442.3 SF for each apartment respectively. The rear building contains three, approx. 508.5 SF apartments, one on each floor. The improvements are of brick and masonry construction, approximately 190 years old, and the property is zoned VCC-2 (Vieux Carre Commercial District). All measurements are approximate/not guaranteed and are to be verified by the purchaser. Zoning, Overlays, and Intended Use to be verified by the purchaser.