For Sale
$6,000,000

147 Carondelet St New Orleans, LA 70112

Prime Location, Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional six-story, 41,922 square foot building, constructed in 1923, presents a unique redevelopment opportunity in New Orleans' Central Business District (CBD). Formerly a Federal Reserve Bank branch, this vacant property boasts a prime location on Carondelet Street, directly facing the St. Charles Avenue streetcar line, just one block from the intersection of Canal and Bourbon Streets. Its proximity to the French Quarter, Warehouse District, and Medical District ensures excellent visibility and accessibility. The building is offered free and clear of all encumbrances, providing a clean slate for future development. A significant advantage is the inclusion of 25 complimentary parking spaces secured through a long-term agreement with the Pere Marquette Garage, extending for nearly 80 more years. This mixed-use property, previously utilized as a bank, executive office space, and event venue, offers substantial potential for various commercial ventures. The asking price is $6,000,000, translating to $143.12 per square foot. This is a rare chance to acquire a distinguished historic building in a thriving, high-traffic area of New Orleans.

Highlights

  • Prime CBD location near the French Quarter, Medical District, and Warehouse District.
  • Excellent visibility on a highly trafficked street, facing the St. Charles Avenue streetcar line.
  • Vacant building, delivered free and clear of all encumbrances.
  • Includes 25 free parking spaces via a long-term agreement.

Property Details for 147 Carondelet St

Property type
Wedding venues, Retail properties
Square Feet
41,922 SF
Year Built
1923
Buildings
1
Stories
6

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.952729320442
Longitude
-90.070893019624

FAQs

What type of property is this?
Wedding venue - Prime Location, Redevelopment Opportunity
Where is the wedding venue located?
The property is located at 147 Carondelet St New Orleans, LA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Prime CBD location near the French Quarter, Medical District, and Warehouse District.; Excellent visibility on a highly trafficked street, facing the St. Charles Avenue streetcar line.; Vacant building, delivered free and clear of all encumbrances.
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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147 Carondelet St
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