For Sale
$3,300,000

615 Baronne St New Orleans, LA 70113

Prime CBD location, high potential.

Overview

Added:
Dec 11, 2024
Days on market:
136
This three-story, 25,700 square foot Class B office building, located at 615 Baronne Street in New Orleans, Louisiana, is offered for sale at $3,300,000 ($128.40/sq ft). Built in 1910 and renovated in 1999, the multi-tenant property currently boasts 72% occupancy. The building features 14 parking spaces in a separate lot at 641 Baronne Street. Situated in the heart of New Orleans, at the intersection of the Arts, Sports, and Warehouse districts, this property enjoys excellent access to I-10 and is surrounded by recent developments including the South Market District and the Virgin Hotel. Zoned CBD-5, permitted uses are diverse and include office, multi-family, retail, and more. The building offers one elevator, keypad entry, and a monitored fire panel. This presents a unique opportunity for owner/users or investors seeking redevelopment potential, with the added benefit of available state and federal historic tax credits and Opportunity Zone designation. The 12,413 square foot lot provides ample space for future expansion or repurposing. This property is an exceptional investment in a thriving New Orleans neighborhood.

Highlights

  • Prime downtown location.
  • Excellent walkability to hotels, restaurants, and businesses.
  • Exceptional redevelopment opportunity.
  • Includes 14-space parking lot.

Property Details for 615 Baronne St

Property type
Office properties, Medical offices
Square Feet
25,700 SF
Class
B
Year Built/Renovated
1910/1999
Buildings
1
Stories
3

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.948434852006
Longitude
-90.073580497924

FAQs

What type of property is this?
Office property - Prime CBD location, high potential.
Where is the office property located?
The property is located at 615 Baronne St New Orleans, LA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Prime downtown location.; Excellent walkability to hotels, restaurants, and businesses.; Exceptional redevelopment opportunity.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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615 Baronne St
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