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Opportunity Zone

820 O'Keefe Avenue - New Orleans

Land | 34,933 SF

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Asking Price: $6,500,000

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820 O'Keefe Ave, New Orleans, LA 70113

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Date Added
May 8, 2023
Days on Market
734 days
Time Since Last Update
7 days

Details

Property TypeLand, Office
SubtypeTraditional Office
Investment TypeRedevelopment
Investment Sub TypeUser
ClassA
TenancyVacant
Square Footage18,716
Net Rentable (sq ft)18,466
Price/Sq Ft$347.30
OccupancyVacant
Occupancy Date08/31/2023
Year Renovated1984 / 2006
Buildings1
Stories2
ZoningCBD - 5
Lot Size (sq ft)34,933
Price/Sq Ft (Land Value)$217.99/SF
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Marketing Description

Prime redevelopment opportunity.​ In the warehouse district / central business district, across the street from the new multi-building South Market mixed use development.​

Across the street from the Standard Luxury Condominiums, the South Market apartments, numerous restaurants, retailers, art galleries and a CVS and Rouses Supermarket just two blocks away.​ Three blocks from the Hyatt Regency hotel and numerous high-rise Class A office Buildings such as the Entergy Headquarters Building and Energy Center, as well as City Hall.​

Many new boutique hotels and apartment units / condos in the area, so the land may be worth more without the building, as there are numerous development opportunities in this area.​

Investment Highlights

Building is also available for lease (long or short term) for $12.00/ sq. ft. net.

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Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

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