Historic Building in Lower
For Sale
$6,000,000
727 Carondelet Street, New Orleans, LA 70130
Three-story, 57,732 SF building in New Orleans for sale.
Property Size57,732 SF
Price / SF$103.93
Days on Market309
Property Features for 727 Carondelet Street
General Information
Standard status
Active
Size
57,732 SF
Property subtype
Special Purpose
Building Details
Building Size
57,732 SF
Listing Agency:
NAI Rampart Commercial Real Estate New Orleans
Listed By:
Paul Richard · License #LA SALE.0000014602-ACT
(504) 957-5759
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Sep 16
Last Checked: Sep 24 at 7:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Rampart Commercial Real Estate New Orleans
Investment Insights
Based on property information with market context.
The property at 727 Carondelet Street is located in the Lower Central Business District (CBD) and the Lafayette Square/Warehouse District, bounded by Carondelet, Baronne, Girod, and Julia Streets. Situated midway between Poydras Street and the Pontchartrain Expressway/Business 90, the site is within walking distance of the Superdome, Convention Center, National World War II Museum, and French Quarter. Originally built in 1937, the three-story historic building has a total area of approximately 57,732 square feet and sits on an approximately 1.34-acre rectangular interior parcel. The first floor measures 21,712 square feet, while the second and third floors each measure 18,010 square feet. The basement, not included in the total square footage, is 5,688 square feet. The property is zoned CBD-5, Urban Core Downtown Neighborhood Lower Intensity Mixed-Use District, and is situated within a Mandatory Inclusionary Zoning (MIZ) Sub-District. The sale is subject to an approximately 6,500 square foot (approximately 46’ x 141’) rectangular portion of the site fronting Baronne Street, currently used as a pocket park called “Legacy Park” by the Downtown Development District. It was originally built for use as L. E. Rabouin Vocational High School.
Key Highlights
- Prime location in the Lower CBD/Warehouse District, walking distance to Superdome, Convention Center, WWII Museum, and French Quarter.
- Large ± 57,732 SF, three‑story historic building.
- Located on a ± 1.34 acre rectangular shaped parcel.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
9,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 70130, LA
14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
School - Three-story, 57,732 SF building in New Orleans for sale.
Where is this school located?
The property is located at 727 Carondelet Street 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 location in the Lower CBD/Warehouse District, walking distance to Superdome, Convention Center, WWII Museum, and French Quarter.; Large ± 57,732 SF, three‑story historic building.; Located on a ± 1.34 acre rectangular shaped parcel.
