Address: 213 Baronne Street, New Orleans, LA 70112
Very well zoned and well situated hospitality property for sale. Excellent event venue, bar, club and/or restaurant use with the potential for upper floor short-term rental or boutique hotel, in an incredibly well located position just two blocks to the French Quarter.
The building features separate entrances for the ground-level retail space and the upper stories, providing flexibility to accommodate multiple businesses or single-tenant occupancy. The first three (3) stories are elevator serviced. The fourth (4th) level contains a penthouse structure at the rear of the property which leads out to a huge deck spanning the all the way to the street. The active rooftop provides exciting city views and endless possibilities.
The price per square foot is well supported at $210 per SF, with entry pricing well below replacement cost. The structure may also be eligible for Federal and State Historic Tax Credits for qualifying renovation costs. Please contact broker for more information on available tax incentives for redevelopment.
Sale Price: $1,725,000
Lease Price: $8 PSF Annually
GBA: +/- 8,212 SF
Site Size: +/- 2,882 SF
Zoning: CBD-1 Core Central Business District
For more information, please contact Parke McEnery 504.236.9542 or Gordon McLeod at 504.717.3648
