Prime French Quarter Commercial & Residential Property 324 Chartres Street Located in the heart of the historic French Quarter, 324 Chartres Street offers an exceptional investment opportunity in one of New Orleans' most coveted commercial corridors. This mixed-use property features a high-end retail space on the ground floor, currently home to a luxury shoe boutique, and two fully furnished residential apartments on the second and third floors. Recent updates and renovations include a brand-new roof (2025), 2 new air-conditioning units, and a complete renovation of the second-floor apartment in 2023, blending modern comfort with classic French Quarter charm. Excellent location positioned just steps from the Louisiana Supreme Court Building, and only a few blocks from Jackson Square, the Mississippi River, and the best dining, shopping, and entertainment the Quarter has to offer. Whether you're seeking a prime commercial investment, a live-work opportunity in one of New Orleans' most iconic locations, 324 Chartres Street delivers unmatched potential and prestige. Investment Snapshot Total Monthly Rent: $10,350 Annual Gross Income: $124,200 100% Occupied Turnkey Utilities Included in All Leases First Floor - Commercial Space Tenant: Shoe Boutique Rent: $5,500/month Approx. Size: 1,750 sqft Use: Retail Utilities Included Second Floor - Residential Apartment Layout: 2 Bedrooms / 2 Bathrooms Approx. Size: 1,750 sqft Rent: $2,500/month Renovated: Converted from commercial in 2024 Utilities Included Third Floor - Residential Apartment Layout: 2 Bedrooms / 2 Bathrooms Approx. Size: 1,750 sqft Rent: $2,350/month Renovated: After 2012 purchase Fully Furnished Utilities Included
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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