Address: 1401 Governor Nicholls St., New Orleans, LA 70116

Opportunity to purchase an operating short term rental and existing commercial space in historic Tremé. Located one block off Esplanade avenue and just steps from the French Quarter. Previously a corner grocery store, 1401 Governor Nicholls is zone HMC-1, which is rare for the area and provides for a multitude of uses. A 2,855 sq/ft ground floor commercial space forms the corner of Marais St. and Gov Nicholls St. The space is leased on a long term basis to a catering operation. Upstairs is a 1,655 sq/ft 4 bedroom apartment operating as a short term rental. Financial information is available upon request and review of qualified interest.

List Price: $1,195,000 | $264. 96 PSF

Gross Building Area: 4,510 sq/ft

  • Ground Floor Commercial Space – 2,855 sq/ft
  • Second Floor Apartment (Operating STR) – 4 bedroom, 2 bath apartment 1,655 sq/ft

Gross Land Area: 37′ x 92 | 3,267 sq/ft

Zoning: HMC-1 РHistoric Marigny/Bywater/Trem̩ Commercial District

For further listing information, or to schedule a showing, please contact Parke McEnery (504.236.9542) or Troy Hagstette (504.251.5719)

1401 Gov. Nicholls Space Plans

1401 Gov. Nicholls OM 1.17.22

LACDB

CREXI