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25503563
25503564

321 St Charles Ave, New Orleans, LA 70130

SG
LA SALE.995686372-ACT
Corporate Realty
MS
LA BROK.0000010277.A-ACT
Corporate Realty
Corporate Realty
Listed by Corporate Realty
$11,250,000
316 days on market
Updated 33 days ago
Opportunity zone

United Fruit Building Portfolio

Details
Property Type Hospitality, Office
Sub Type Executive Office, Hotel (+1)
Square Footage 94,634
Price per SqFt $119
Broker Co-Op No
Year Built 1920
Buildings 5
Stories 10
Acreage 0.340
Zoning CBD-1
Investment Type Redevelopment
Ground Lease No

Transformative redevelopment opportunity in New Orleans CBD

Marketing description

The United Fruit Building package presents a rare opportunity to acquire a premier collection of landmark properties on St. Charles Avenue in the heart of Downtown New Orleans. This portfolio includes the iconic 10-story United Fruit Building at 321 St. Charles Avenue along with adjoining properties at 327 St. Charles Avenue and 710, 714, and 720 Union Street. Combined, the portfolio encompasses more than 95,000 sf of gross area across multiple structures with cohesive development potential.

In development-ready condition, the assemblage is ideally suited for a transformative project such as a full-service flag hotel, luxury multifamily conversion, or a signature mixed-use development that leverages the United Fruit’s unparalleled location. The buildings boast direct frontage on St. Charles Avenue with immediate access to the streetcar line and full exposure along the Mardi Gras parade route. Situated within the Central Business District, the site offers easy access to the French Quarter, Convention Center, and the Superdome.

Each building showcases historic architectural elements and efficient floor plates, providing flexibility for a wide range of adaptive reuse concepts. The portfolio may also qualify for both state and federal historic tax credits, enhancing the project’s financial viability.

This is a compelling opportunity to reimagine a magnificent site in downtown New Orleans. With its scale, visibility, and history, this assemblage offers a strong foundation for long-term growth and a lasting impact on the urban landscape.

Total Gross Building Area: ±94,634 SF
• 321 St. Charles (10 stories): ±62,650 SF
• 327 St. Charles (2 stories): ±4,840 SF
• 710 Union (3 stories): ±5,378 SF
• 714 Union (2 stories): ±5,100 SF
• 720 Union (3 stories): ±7,176 SF
Land Area ±14,813 SF (±0.34 acres)
Frontage ±78.5’ on St. Charles Avenue | ±171’ on Union Street

Investment highlights

  • Premier Redevelopment Opportunity: The United Fruit Building portfolio includes over 95,000 square feet across multiple historic properties on St. Charles Avenue, ideal for hotel, multifamily, or mixed-use redevelopment.
  • Prime Downtown Location: The assemblage offers direct frontage on the St. Charles streetcar line and Mardi Gras parade route, with proximity to the French Quarter, Convention Center, Medical District and Superdome.
  • Historic and Financial Appeal: The properties feature historic architecture and may qualify for state and federal historic tax credits, supporting both adaptive reuse and financial viability.

Listing Contacts

SG
LA SALE.995686372-ACT
Corporate Realty
MS
LA BROK.0000010277.A-ACT
Corporate Realty
Corporate Realty
Listed by Corporate Realty

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Additional Information

Name
Scott Graf
License
SALE.995686372-ACT
Brokerage
Corporate Realty
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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