Listed by NAI Rampart
$4,950,000
The Loew's State Theater
Details
APN 105102201
Property Type Retail, Mixed Use
Sub Type Sports/Entertainment, Free Standing
Square Footage 60,297
Price per SqFt $82
Broker Co-Op Yes
Year Built 1925
Buildings 1
Stories 2
Acreage 0.675
Zoning CBD-3
Investment Type Redevelopment
Historic Theater on Famous Canal Street
Marketing description
Strategically located on New Orleans' world-famous Canal Street, the Loew's State Theater represents an extraordinary mixed-use opportunity for redevelopment in the heart of the City's thriving downtown renaissance. Co-listing with LMK Realty LLC.
Investment highlights
- Strategic location in the heart of the area’s resurgent activity
- Eligible for Federal Historic Tax Credits (Canal Street Historic District)
- Eligible for State Historic Tax Credits (Rampart-Basin St Corridor Cultural District)
- Current Zoning of CBD-3 Cultural Arts, allowing for a wide range of uses including retail, office, multi-family, hotel, recording studio, reception facility, restaurant and educational.
- Sole remaining grand playhouse in the downtown area that is available for restoration
- Unique opportunity to combine the theater with retail, office, hotel, conference center or cultural arts functionality
- Opportunity Zone property
Listing Contacts
Listed by NAI Rampart
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