923 Julia StNew Orleans, LA 70113

This exceptional 12,246 square foot commercial and residential development site is ideally situated at 923 Julia Street in the heart of New Orleans' Central Business District (CBD). Located between Baronne Street and O'Keefe Avenue, this property presents a unique opportunity for high-density development. The permitted CBD-5 zoning allows for a substantial building, with regulations permitting a six-story structure up to 75 feet tall within 20 feet of the property line. Beyond that 20-foot boundary, an additional four stories, reaching a maximum height of 125 feet, are permissible. While a previous conditional use approval for a hotel has expired, this versatile site offers significant potential for a variety of mixed-use projects, capitalizing on its prime location and generous building allowances. The asking price for this exceptional property is $2,550,000, translating to $208.23 per square foot. The property's address is 923 Julia Street, New Orleans, Louisiana, 70113, within Orleans Parish. Detailed information is available upon request. This is a rare opportunity to acquire a substantial development site in a thriving New Orleans location.