If you are looking for a residence with office space either for yourself or for extra income, this listing at 1134 Baronne St. would work very well for you. Its 2,000 square feet can be configured into a home for the owner and is zoned so that office space can either be used or rented.
“This is a free-standing building across the street from Parkway Partners near the Pontchartrain Expressway,” said Peter Lombardo, the listing agent with RE/MAX Commercial Brokers Inc. “The offices in the rear are currently being leased for six months at $1,000 a month plus utilities.”
The building is part of the Felicity Redevelopment Inc.’s attempt to buy, stabilize and resell small-scale neighborhood structures in the Lower St. Charles Avenue Corridor.
“Our goal is the revitalization of the neighborhood bounded by St. Charles Avenue, Oretha Castle Haley Boulevard, Calliope Street, and Jackson Avenue,” said Louise Martin, the organization’s president. “Once a vital part of New Orleans life, this area contains splendid residential and commercial buildings that are waiting to be reclaimed and provide housing and commercial space for the re-population of this neighborhood.”
Martin is a New Orleans native who loves the city and has tackled the revitalization of three neighborhoods before this one. “We try to focus on a couple of blocks at a time, to make an impact on a neighborhood,” said Martin, “then we move on to another area.”
The Felicity Redevelopment Project operates a revolving fund for purchasing, stabilizing, restoring and marketing properties in the lower St. Charles corridor of the Central City Historic District.
“We encourage a dynamic mix of residents in the neighborhood by providing affordable apartments, assisting first-time homebuyers with renovations and arranging programs for home repairs for our elderly residents,” explained Martin. “We also sponsor community events and promote interest in the neighborhood’s history.”
The Project has other properties for sale as well and funds from their sale are returned to a revolving fund to buy, renovate and sell more properties to revive inner-city neighborhoods.
One is 1706 South Rampart St., listed by Gardner Realtors. “This is a great opportunity for anyone looking to live in a historic New Orleans home,” said Martin. “This 1800s two-story Greek revival is close to the CBD and has three bedrooms and two-and-a-half-baths with original wooden floors, plaster moldings, a gallery and a front porch, plus it’s eligible for historic tax credits.
Another available home is 1716-22 South Rampart, listed by Keller Williams in the Oretha Castle Haley Corridor for $149,500. “You can owner-occupy it for residential credit,” said Martin, “then cash in on state and federal multi-family and commercial credits – plus it’s zoned C-2.”
The Lower St. Charles Avenue Corridor was originally part of the vegetable garden of Bienville, the city’s founder. The streets in the area between the Pontchartrain Expressway and Felicity Street were laid out in 1807 by the French architect and surveyor, Bartheleme Lafon, who was designing Faubourg Marigny at the same time. In the early years of the Faubourg, many purchasers bought entire squares and built large villas.
Felicity Road (now Street) was the upriver boundary of the city until 1852, when the area uptown of Felicity Street became the Fourth District of the City of New Orleans. Because it was the upriver boundary of the developing city for over 100 years, buildings were made to accommodate the pie-shaped streets.
When the streetcar ran on Dryades Street, the street demonstrated a vibrant pedestrian quality. People were drawn to the street not only to shop, but also to socialize, especially on Saturdays. In the 1950s, the urban rail was torn up and rubber tires replaced steel tires.
For more information on the Felicity Redevelopment Project, visit www.felicityredevelopment.org.
Angela Carll may be reached at email@example.com or 504-947-6575
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