ONLINE AUCTION | JUNE 20-27 | Starting Bid $500,000

Address: 509 Iberville Street, New Orleans, LA 70130

5295 SF, three-story mixed-use building with masonry and beam construction and an exterior of brick and stucco. 880 SF of commercial space on the ground floor. The second floor includes a two-bedroom, two-bath apartment (884 SF) and a studio apartment unit (414 SF). The third floor and loft have a three-bedroom, two-bath apartment unit (1502 SF).

In cooperation with SVN Gilmore Auction, David E. Gilmore

Auction Date & Time: Online Bidding June 20-27 |

Starting Bid: $500,000

Land Size: 33.6’ X 53.8’/1808 Square feet

Zoning: VCE-1 Vieux Carre Entertainment District

Legal: Lot 3 and a strip of ground, Square 30, Second District of New Orleans, Orleans Parish, State of Louisiana

Terms: All cash sale, 10% deposit & signed purchase agreement within 48 hours of the auction, “as is, where is” condition, 10% buyer’s premium added to the winning bid, good title guaranteed, with reserve. The price listed is the starting bid for the online auction.

For further details please contact Moatasim Alhindi 504-644-6545 or David E. Gilmore 504-228-6606