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Opportunity Zone

CBD Hospitality

Retail | 8,212 SF

Listing Contacts

Active

Asking Price: $1,725,000
Address 

213 Baronne St, New Orleans, LA 70112

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Date Added
Aug 9, 2023
Days on Market
593 days
Time Since Last Update
50 days

Details

Property TypeRetail, Hospitality, Mixed Use
SubtypeRestaurant, Bar, Hotel
Investment TypeOwner/User
Square Footage8,212
Net Rentable (sq ft)2,882
Price/Sq Ft$225
Stories35
ZoningCBD-1 Core Central Business District
APN105101703

Marketing Description

Very well zoned and well situated hospitality property for sale.​ Excellent event venue, bar, club and/or restaurant use with the potential for upper floor short-term rental or boutique hotel, in an incredibly well located position just two blocks to the French Quarter.​

The building features separate entrances for the ground-level retail space and the upper stories, providing flexibility to accommodate multiple businesses or single-tenant occupancy.​ The first three (3) stories are elevator serviced.​ The fourth (4th) level contains a penthouse structure at the rear of the property which leads out to a huge deck spanning the all the way to the street.​ The active rooftop provides exciting city views and endless possibilities.​

The price per square foot is well supported at $225 per SF, with entry pricing well below replacement cost.​ The structure may also be eligible for Federal and State Historic Tax Credits for qualifying renovation costs.​ Please contact broker for more information on available tax incentives for redevelopment.​

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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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Listing Contacts


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