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Three Story Exchange Pl Behemoth Hits the Market at $1.25M

Long before Exchange Alley was a food column in the Times-Picayune, the abbreviated street served as a passageway to Royal St's Merchants Exchange. Built in 1831, buildings followed shortly after, along with many, many duels. In fact, the Alley was a hotbed for them and offered numerous choices in fencing academies. The area has quieted down considerably and one of its famed Federal-style buildings has hit the market at $1.25M

Boasting three stories with two bedrooms and two and a half baths, this 150+ year old home offers historic tinges throughout. The doors aren't faux rustic — they're all actually antique. It's also got one of Curbed NOLA's favorite amenities ever — a wet bar. Need to whip up some food to complement those drinks? 321 Exchange Pl has a "mega-stove" to feed the masses.

This 1,876 square foot behemoth is a metal as all get out $666 per square foot, which may explain why it's been on the market for 31 days to no avail. As per usual with any structure in a historic district, this building is actually facing a bit of trouble from its preservationist overlords. On October 21st, the building that spans 321-325 Exchange Pl was cited for painting "walls, balcony, and fascia, and doors and door frames stained all without benefit of VCC review or approval" in addition to doing nothing with alleged synthetic decking that the VCC's Architectural Review Committee denied back in May. As with 820 Alvar, hopefully the violations are simple fixes.

· 321 Exchange Pl []
· On The Market [Curbed NOLA]