Troy Lawrence
    (504) 901-2169TL@MagicMTG.com
    Troy Lawrence NMLS #1885144 | Magic Mortgage Inc NMLS #2654516
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    • 734 Dumaine StreetFrench Quarter, New Orleans, LA 70116

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    Gulf South Real Estate Information Network

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    $2,439,000
    For Sale

    1138 CHARTRES STREET

    New Orleans, LA 70116
    5683 sqft | #2504044
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    37 photos
    Type:Purchase
    Structure:Commercial
    Zone:Commercial

    Description

    1138-40 Chartres Street offers an exceptional development opportunity in the heart of New Orleans' French Quarter, ideal for transforming into a boutique bed and breakfast, luxury condominiums, or high-end vacation rentals. Just moments from Jackson Square, Royal Street, and world-class dining and entertainment, this dual-structure property blends iconic architectural charm—iron balconies, high ceilings, and original hardwood floors—with exceptional redevelopment flexibility. Its layout and location support a range of lucrative strategies, including multi-unit short-term rentals or themed hospitality offerings, and may qualify for commercial or STR permitting pending city approval. With soaring demand for distinctive accommodations in this historic district, 1138-40 Chartres represents a compelling opportunity to capitalize on the area's strong tourism and rental markets while owning a piece of New Orleans' rich architectural heritage. UNIT 1: 319 SF- 1 BED/ 1 BATH UNIT 2: 262 SF- 1 BED/ 1 BATH UNIT 3: 789 SF- 1 BED/ 1 FULL & 1 HALF BATH UNIT 4: 445 SF- 1 BED/ 1 BATH UNIT 5: 552 SF- 1 BED/ 1 BATH UNIT 6: 360 SF- 1 BED/ 1 BATH OFFICE: 367 SF- 1 BED/ 1 BATH 538: 2,589 SF- 2 BEDS/ 3 FULL & 1 HALF BATH

    • Property Details
        • Lot DescriptionCornerLot, CityLot, OversizedLot
        • Structure TypeHotelMotel, MixedUse, Other
        • Property SubtypeCommercialSale
        • Sewer InformationPublicSewer
        • Original List Price$2,439,000
        • Property TypePurchase
        • CountyOrleans
        • MLS #2504044
        • Cost2439000
        • MLS #2504044
        • Utility SourcePublic
        • Square Feet5683
        • Year Built1880

    Location

    Legal

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Last Updated: Yesterday at 7:58 PM. Source: GSREIN

    Provided By
    Listing Agent: Elizabeth McNulty (#MCNUELIZ)
    Listing Office: LATTER & BLUM (LATT28) (#LATT28)

    Troy Lawrence NMLS #1885144 | Magic Mortgage Inc NMLS #2654516Real Estate Group
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