Address: 631 Canal Street & 106 Royal Street
The McEnery Company successfully represented both the buyer and the seller in the sale of 631 Canal Street & 106 Royal Street, two buildings situated on the axis of the CBD and the entrance of the French Quarter. This presented an opportunity for an investor to capture one of the last remaining historic shells in this thriving downtown market that could qualify for historic tax credit renovation. The local inventory of these types of untouched historic structures is mostly depleted, especially those that would also allow for STR’s year round.
This sale was closed within weeks of acquiring the listing.
Pat Browne III was the listing agent and Parke McEnery was the selling agent.