627-29 Toulouse Street

Description

A unique opportunity to own a piece of history with this commercial/mixed-use building found in the heart of the vibrant French Quarter on Toulouse Street. Excellent potential for a high-income producing property and the chance to restore it to its former glory. This property serves as a true testament to the architectural preservation often found in the French Quarter, serving as a captivating period piece that embodies New Orleans long history.With a living square footage of approximately 7,083 sq. ft., this property was built in 1834 and boasts a history that dates back to 1733. Its historical significance has earned the rear building the recognition of being a "blue building" as designated by the Vieux Carr Commission, which further highlights the property's architectural importance and emphasis on its need for preservation. Situated between Royal and Chartres Street and surrounded by art galleries, shops, restaurants, hotels, bars, museums, etc. Zoned VCC-2, this prime retail location offers excellent street visibility to the bustling foot traffic of this area. Exceptional original features seen throughout, including exposed brick walls, original wood cornices, spacious courtyard area, and a one-of-a-kind spiral staircase that reflects the elegance of its time. The combined front and rear buildings offer diverse spaces ranging from 385 square feet to 1,615 square feet. In total, there are 5+ bedrooms and 5.5 bathrooms, providing ample space to make it your own. The front building is currently configured with a ground-floor, street retail storefront made up of ~1,296 sq. ft. while the upper levels serve as residential spaces that open into exceptional galleries with balconies overlooking Toulouse. The rear building features 3 levels, each residential.Dont miss this rare opportunity to own a piece of New Orleans history while unlocking the potential for a truly remarkable space in the heart of the French Quarter.