Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
Opportunity Zone
Distinguished Historic CBD Building
Exceptional Historic Building in the CBD
Listing Contacts
See All (3)
License: LA SALE.0000033384-ACT
License: LA 0995686372
Active
Asking Price: $6,000,000
Address
147 Carondelet St, New Orleans, LA 70112
Show on MapDate Added
May 2, 2023
Days on Market
683 days
Time Since Last Update
10 days
Details
Property TypeMixed Use, Office, Retail
SubtypeBank, Executive Office, Event Venue
Square Footage41,922
Price/Sq Ft$143.12
OccupancyVacant
Year Built1923
Buildings1
Stories6
Marketing Description
-
This historic gem presents a noteworthy opportunity for redevelopment in the CBD.
-
Formerly the New Orleans Branch of the Federal Reserve Bank, the Security Center was once located in the heart of what was known as New Orleans’ Wall Street and is now the Central Business District. It faces the downtown St. Charles streetcar line, one block from the intersection of Canal Street and Bourbon Street.
-
In addition, this centrally located area is only a few blocks from the Medical District and the Warehouse District.
-
The building is being offered free and clear of encumbrances; it is vacant without leases or any major commitments.
-
There is a long-term Parking Services Agreement between the Security Center and the Pere Marquette Garage granting the Security Center 25 parking spaces free of charge for another almost 80 years.
Investment Highlights
-
Great location, with close proximity to French Quarter, Medical District, and more
-
Excellent visibility in highly trafficked area
-
Delivered free of encumbrances
-
25 parking spaces free of charge
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
--
Cap Rate
--
ROI
Property History
| Date | Event | Document | Price | Price/SF | Sold By | Sold To | ||
|---|---|---|---|---|---|---|---|---|
 | | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
Due Diligence
Listing Contacts
See All (3)- License: LA SALE.0000033384-ACT
- License: LA 0995686372
Similar Properties for Sale
Opportunity Zone
$1,725,000
CBD Hospitality
Retail • 8,212 SF
213 Baronne St New Orleans, LA 70112
$5,650,000
Mixed-Use French Quarter Building on Royal Steet
Mixed Use • 13,912 SF
221 Royal St New Orleans, LA 70130
Opportunity Zone
Unpriced
Rare CBD Purchase Opportunity
Multifamily • 69 Units
234 Loyola Ave New Orleans, LA 70112
Opportunity Zone
$2,295,000
Luxury Commercial Condo
Mixed Use • 7,603 SF
307 Tchoupitoulas St New Orleans, LA 70130
$1,750,000
410 Dauphine St
Mixed Use • 4,337 SF
410 Dauphine St New Orleans, LA 70112
virtual tour
$4,499,900
401 Decatur st - 509 Conti st
Mixed Use • 13,430 SF
401 Decatur St New Orleans, LA 70130
Jon Huffman Real Estate
$2,750,000
French Quarter Mixed-Use Investment Property | Toulouse St.
French Quarter Mixed-Use Investment Property • Toulouse St.
631 Toulouse St New Orleans, LA 70130
Opportunity Zone
$1,650,000
527 Julia Street
Mixed Use • 6,083 SF
527 Julia St New Orleans, LA 70130
$2,900,000
915 Decatur Street
Excellent French Quarter Mixed-Use Property • New Orleans, LA
915 Decatur St New Orleans, LA 70116
virtual tour
$1,750,000
1101 Royal St
Mixed Use in the historic French Quarter downtown New Orleans
1101 Royal St New Orleans, LA 70116
$1,800,000
1128 Decatur St
Retail • 4,450 SF
1128 Decatur St New Orleans, LA 70116
See more properties for sale in New Orleans
Broker Information
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .