NOT LISTED FOR SALE

Estimated Value: $626,487

-- Bed
-- Bath
925 Sq Ft
$677/Sq Ft Est. Value

Highlights

  • Balcony
  • Property is in very good condition
  • 5-minute walk to Louis Armstrong Park
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of July 2023

Looking for a ideally located commercial space to lease with an option to buy? Look no further!




This spacious and versatile, 1st floor commercial space offers an excellent opportunity for businesses seeking a prominent and easily accessible location. Property is centrally located on N. Rampart Street right at the edge of the French Quarter. Tons of retail and commercial businesses along this block with daily foot traffic & excellent street visibility.




Gross lease with tenant responsible for all maintenance with exception of roof/structural. Owner to pay property taxes & insurance. Perfect office space with ample storage and tons of natural light, with the added advantage of an option to buy entire property which includes additional residential units on 2nd floor with balcony area (3 studio/1BATH units with income potential). Making this a great space to lease for your own business needs or a great opportunity for any investors seeking to purchase an income producing property in the French Quarter. You can't go wrong!

Last Agent to Rent the Property

Michael Wilkinson

FQR Realtors License #000001640 Listed on: 06/13/2023

Last Renter's Agent

ANDREW EVANS

REVE, REALTORS License #995705665

REVE, REALTORS

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,048

Year Built

  • 1900

Lot Details

  • Lot Dimensions are 30x32
  • Rectangular Lot
  • Property is in very good condition
  • The community has rules related to zoning restrictions
  • Zoning described as VCC-2

Home Design

  • Cosmetic Repairs Needed
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property

Additional Features

  • Balcony
  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for all utilities
  • The owner pays for insurance, janitorial service, taxes
  • Tax Lot B
  • Assessor Parcel Number 632-NRAMPARTST

Property Details

Property Type

Other

Est. Annual Taxes

$9,048

Year Built

1900

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities
  • Security Deposit: 2500.0

Listing Details

  • Property Sub Type: Retail
  • Prop. Type: Commercial Lease
  • Lot Size: 30x32
  • New Construction: No
  • Year Built Details: 83
  • Property Sub Type Additional: Retail
  • Special Features: None
  • Year Built (Public Record): 1900

Interior Features

  • Owner Pays: Insurance, Janitorial Service, Taxes
  • Living Area: 925.0
  • Stories: 1

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Brick
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony
  • Property Condition: Repairs Cosmetic, Very Good Condition, Resale

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 632-NRAMPARTST
  • Zoning Description: VCC-2
  • Zoning: VCC-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 1850.0

Tax Info

  • Tax Lot: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2017
Sold by
Rodriguez Michael Cathleen
Bought by
630 N Rampart Llc A Louisiana Limited Li
Current Estimated Value
$626,487
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
630 N Rampart Llc A Louisiana Limited Li $610,000 Winters Title Agency Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 For Rent $2,500 0.0% --
06/13/2023 06/13/23 Rented $2,500 -- --
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,048 $68,550 $5,760 $62,790
2024 $9,185 $68,550 $5,760 $62,790
2023 $9,080 $74,900 $5,760 $69,140
2022 $9,080 $64,530 $5,760 $58,770
2021 $8,791 $61,070 $5,760 $55,310
2020 $10,889 $74,900 $5,760 $69,140
2019 $6,300 $41,700 $5,760 $35,940
2018 $6,425 $41,700 $5,760 $35,940
2017 $5,822 $39,570 $5,760 $33,810
2016 $6,006 $39,570 $5,760 $33,810
2015 $5,883 $39,570 $5,760 $33,810
2014 -- $39,570 $5,760 $33,810
2013 -- $39,570 $5,760 $33,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2398610

APN: 2-07-1-036-25