$975,000
For Sale

601 ELYSIAN FIELDS AVENUE

New Orleans, LA 70117
Browse 28 photos
Type:Purchase
Structure:Office
Zone:Commercial

Description

Full of potential and ready for transformation, this historic three-story corner property sits at the edge of the Marigny neighborhood and offers rare commercial zoning (HMC-2), opening the door to a variety of commercial, residential or mixed-use possibilities. Whether you envision a single-family renovation, creative live-work space, or a future hospitality or other commercial use, the location and flexibility are hard to beat. While the property needs substantial renovation, key upgrades are already in place: a brand new roof, newly re-enforced front balcony, and a tankless water heater. Adding a remarkable layer of cultural significance, this property was identified by Tennessee Williams in a 1973 Canadian Broadcasting interview titled Tennessee Williams’ South as the inspiration for Stanley and Stella’s residence in A Streetcar Named Desire. With classic New Orleans character, great bones, and commercial potential, this is an ideal opportunity for an investor or homeowner looking to bring new life to a storied corner property in a dynamic neighborhood. The current owner held a B&B license until earlier this year, making the potential to re-license a promising possibility for future buyers.




First floor includes a large room with tall windows to both streets, currently furnished as living room/dining room with two adjacent rooms, kitchenette & bath. Second floor has 4 rooms which can be 2 bedrooms and 2 flexrooms and bath, and also has a streetside balcony. The third floor has a great loft design and a wet bar.




Short walk to Frenchmen St entertainment, the French Quarter and Crescent Park on the Mississippi River. Several walking parades go right in front at all times of year! Great visibility by being located on the corner of Elysian Fields and Chartres. Schedule a tour today, and make your vision a reality

  • Property Details
      • Lot DescriptionCornerLot, CityLot, IrregularLot
      • Structure TypeMixedUse, Office, Retail
      • Property SubtypeCommercialSale
      • Sewer InformationPublicSewer
      • Property TypePurchase
      • Original List Price$975,000
      • CountyOrleans
      • MLS #2514230
      • MLS #2514230
      • Utility SourcePublic
      • Cost975000
      • Square Feet2700
      • Year Built1900

Location

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

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