See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1041 Bourbon St, New Orleans, LA, 70116

--beds
--baths
2,059sqft
$1,100,000
$534price/sqft
$9,299/moest. monthly cost
$371,960/yrincome needed

About This Home

1041 Bourbon Street presents a rare opportunity to acquire ±2,059 SF of prime corner retail space on world-famous Bourbon Street in the French Quarter. The property is currently operated as a retail store and features exceptionally high ceilings, expansive storefront windows, a prominent corner entrance, a rear storage area with a secondary side entrance, and rich architectural details that create an authentic French Quarter atmosphere. The site will be delivered vacant at the act of sale. Positioned at the hard corner of Bourbon Street and Ursuline Avenue, the property sits steps from the unmatched nightlife, dining, and entertainment that define the area, as well as Royal Street’s renowned art galleries, Jackson Square, Armstrong Park, and numerous hotels, restaurants, and cultural landmarks. The property benefits from a legal non-conforming retail use, making it ideally suited for continued retail, gallery, or specialty service users seeking a high-visibility presence in one of the most heavily trafficked corridors in New Orleans, while also offering potential for conversion to a single-family residential use.

Getting Around

98
WalkingWalker's Paradise
72
TransitExcellent Transit
99
BikeBiker's Paradise

Construction

Condition

  • Property condition: Very Good Condition
  • Year built: 1900

Materials

  • Foundation: Slab
  • Roof: Other
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,059
  • Total interior livable area: 2,059 sqft

Property

Details

  • Parcel number: 41022302
  • Special condition: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 2,178 sqft
  • Features: Corner Lot,City Lot,Rectangular Lot
  • Lot size dimensions: 30 x 66

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Other
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,562$66,744
Home Insurance *$2,803$33,636
Property Taxes $779$9,348
Electricity $155$1,868
Total$9,299$111,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$318,822/yr
40% on housing$278,970/yr
45% on housing$247,973/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 15.0%
15.0%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 4.1%
4.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$534This listing

vs Other Active Listings

Avg $/sqft

ZIP 70116$258
Orleans Parish$176

vs Homes Sold Last Month

Median $/sqft

ZIP 70116$211
Orleans Parish$199

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-06Listed for sale$1,100,000

For Sale by Agent

AgentAaron Kazanoff
BrokerageBen & Burka

Similar Homes