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623 Bourbon St

French Quarter, New Orleans, LA

About 623 Bourbon St

The subject site is a historic property offered as-is and includes a three story main building facing Bourbon Street and a second building separated by courtyard and fountain area.

The main building ground floor is accessed through the original carriageway, which can be used for parking, leading into a foyer entrance with a sunroom looking out to the back courtyard. The second and third floors are accessed from the main stairwell at the rear foyer entrance. Both the first and second floors have sun-rooms looking out at the foliage and fountain in the courtyard. It has rooms with high ceilings that flow the from back stairwell to the front of the building with a wrought iron balcony overlooking Bourbon Street and world famous Pat O'Brien's. The third floor is a quaint space of two rooms with dormers and exposed beams. The approximate square footage of the building is 4,965 square feet.

The second building is a two story structure, each floor has an independent entrance. It is in shell condition that will require full redevelopment for any usage determined. The approximate total square footage is 1,200 square feet.

Internet Providers for 623 Bourbon St

Provider Technology Max Download Speed Max Upload Speed
Cox Communications Cable
1 Gb/s
25 Mb/s
AT&T Louisiana DSL
25 Mb/s
1.5 Mb/s
MegaPath Corporation DSL
25 Mb/s
25 Mb/s

The Neighborhood: French Quarter

The typical asking rate per listing is in the $20's per square foot per year. The French Quarter submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

Compared to the rest of the Greater New Orleans Region market, the French Quarter region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Median Rate Median Size
French Quarter $26
/sqft/yr
2,260
sqft
Median Rate Median Size
Greater New Orleans Region $24
/sqft/yr
2,070
sqft

Median Rate over Time in French Quarter