635 Peters StNew Orleans, LA 70130

This exceptional 28,870-square-foot development site is located at 635 S. Peters St. in New Orleans' vibrant Warehouse District. Zoned CBD-6, this property offers a unique opportunity for a variety of projects, including hospitality, multi-family, and mixed-use developments. Its U-shape configuration encompasses one-story warehouses and a parking lot, situated just blocks from the renovated Caesars New Orleans and the Ernest N. Morial Convention Center. The high visibility and well-trafficked location within this highly desirable area, known for its blend of commercial, residential, arts, dining, and shopping, ensures significant potential. Originally developed in the 1840s as a warehousing hub for the Port of New Orleans, the Warehouse District experienced a revitalization following the 1984 World's Fair. This prime site presents an exceptional investment opportunity, priced at $7,500,000 ($259.79/sq ft). The property includes a parking lot and one-story warehouses. The Ironworks building adjacent to the property is not included in the sale. This is a rare chance to capitalize on the continued growth and desirability of this dynamic New Orleans neighborhood.