1055 St Charles Ave New Orleans, LA
Prime 2.2-acre site with redevelopment potential in vibrant New Orleans.
Property size:
69,569 SFLot size:
2.20 AcresProperty Features for 1055 St Charles Ave
General Information
- Size
- 69,569 SF
- Lot size
- 2.20 Acres
Source:
Moodyscre
Listing Agent: Christopher Robertson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
St. Charles Avenue Redevelopment Opportunity
Located on St. Charles Avenue in New Orleans, this 2.2-acre property presents a redevelopment opportunity. The site includes a 7-story office building with 70,446 rentable square feet. Situated within the CBD-3 Cultural Arts District, the zoning supports a mix of uses, including residential, hotel, retail, and restaurant options. A surface parking lot offers additional development possibilities. The existing office building is currently operating with a healthy occupancy rate, leased at Class A office rates. The location offers exceptional visibility, with approximately 112,000 vehicles per day on St. Charles Avenue. Proximity to the Pontchartrain Expressway and Carondelet Street further enhances its exposure. During Mardi Gras, the area experiences significant foot traffic, with well over 100,000 people on peak days. The existing office structure and expansive parking lot offer significant redevelopment potential for a mixed-use project. The property is located within an Opportunity Zone, offering potential tax incentives. It has also been designated a historic landmark and is eligible for federal and state historic tax credits, potentially covering up to 45% of renovation costs. The property is near cultural landmarks such as The National WWII Museum and The Contemporary Arts Center, as well as educational institutions like Tulane University and Loyola University.
Location Intelligence
Current Use by Public Records
Isalis
Gift Shop
Party City
Party Store
Skunk Funk
Wholesaler
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
Outdoor Clothing And Equipment Shop
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.077003
- Latitude
- 29.958529
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FAQs
What type of property is this?
Office building - Prime 2.2-acre site with redevelopment potential in vibrant New Orleans.
Where is this office building located?
The property is located at 1055 St Charles Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $1.00.
What are key features of this property?
This property features: - Prime location on St. Charles Avenue in the CBD-3 Cultural Arts District, offering high visibility (\u00b112,000 VPD) and unparalleled exposure during Mardi Gras (100,000+ foot traffic).; - Significant redevelopment potential for a mixed-use project including residential, hotel, retail, and amenities.; - Located within an Opportunity Zone, providing substantial tax incentives.