New

$699,000

For Sale

A day ago

1001 Marigny St, New Orleans, LA

Name: 1001 Marigny St, For Sale in New Orleans - eXp Realty
Brand: Parish Realty of Louisiana Inc
SKU: 2575663
Price: 699000 USD

House

MLS® 2575663

0 Bed

0 Bath

2900 sqft

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size 2900 sqft

Garage

Taxes

Days Active 1

Lot Size 0 Acres

Approx. Age 1850

Avg. Price Per Sqft $241

MLS® Number 2575663

Property Address: 1001 Marigny St, New Orleans, LA, 70117-8414

Average square foot calculated using Size range provided by listing agent.

Description

Rare corner mixed-use opportunity in the heart of the Faubourg Marigny, currently operating as part of an established boutique lodging property. This 3, 400 square foot building sits at a hard corner just off the Elysian Fields and St. Claude intersection — one of the highest-traffic crossroads on the downriver side of the city — and directly across from Robért Fresh Market. The building presently houses the administrative office for the Historic Mardi Gras Inn along with four apartment units operated in connection with the Inn. The property conveys as a functioning, income-producing asset with existing lodging infrastructure in place — a meaningful head start in a market where new commercial transient lodging entitlements are difficult to obtain. The rear portion of the structure presents an opportunity for reconfiguration, including the potential removal of the rear section to create a private courtyard and pool amenity — a significant differentiator for guest-facing operations in this submarket. Alternatively, the building supports conversion to office, retail, restaurant, gallery, or professional service use under HMC-2 zoning, or continued operation as-is. Corner position delivers frontage on two streets, strong visibility, and steady foot and vehicle traffic from the surrounding neighborhood, the St. Claude arts corridor, and daily grocery shoppers. Walkable to the French Quarter, Frenchmen Street, and Bywater. Zoned HMC-2 (Historic Marigny/Tremé/Bywater Commercial District). The property may qualify for the 20% Federal and 25% Louisiana State Historic Rehabilitation Tax Credits on certified qualified rehabilitation expenditures, and shorter-life assets identified through cost segregation may be eligible for 100% first-year bonus depreciation under the One Big Beautiful Bill Act. All permitting, entitlement, and incentive eligibility to be independently verified by buyer.

MLS® Number2575663

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1850

Basement

DrivewayNone

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 4, 2026List Date

$699,000List Price

Commute

Commute

Starting Address

Destination Address

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