Historic Gus Mayer Redevelopment
For Sale
Contact for pricing
800 Canal St, New Orleans, LA 70112
Redevelopment opportunity in the heart of Downtown New Orleans.
Property SizeContact for details
Days on Market258
Property Features for 800 Canal St
General Information
Standard status
Active
Listing Agency:
(985) 630-7717
Listed By:
Matthew Pittman, CCIM · License #LA #SALE.995682742-ACT
(985) 630-7717
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Jul 6
Last Checked: May 11 at 7:13AM
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 Matthew Pittman, CCIM
Investment Insights
Based on property information with market context.
This offering presents a redevelopment opportunity within the Historic Gus Mayer Building, situated at the intersection of Canal and Carondelet Streets in Downtown New Orleans, directly across from Bourbon Street. The available space encompasses approximately 28,943 square feet across a portion of the second floor and the entirety of the third and fourth floors; the final square footage is subject to adjustment based on CVS retaining a portion of the second floor for storage. The building's roof is also available for development, with zoning allowing for a building height of up to 120 feet, potentially enabling the addition of floors or rooftop amenities. The structure is noted to be in excellent condition, maintaining strong architectural integrity. Key infrastructure elements are already in place, including two sprinkler standpipes, dual elevator banks, and stairwells accessible from both Canal and Carondelet Streets. The property's eligibility for historic tax credits may further enhance its appeal for development. Located within a Federal Opportunity Zone, the property may offer tax advantages for qualifying investors and developers. The ground floor, which is not included in the sale, will continue to be operated by CVS Pharmacy.
Key Highlights
- Prime Downtown New Orleans location, directly across from Bourbon Street at Canal and Carondelet Streets.
- Redevelopment opportunity: approximately 28,943 square feet available on the second, third, and fourth floors of the Historic Gus Mayer Building.
- Roof development potential: zoning allows building height up to 120 feet, enabling additional floors or rooftop amenities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
11,352
Businesses Nearby
Explore this area
Business Placement
Demographics for 70112, LA
4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Redevelopment opportunity in the heart of Downtown New Orleans.
Where is this commercial land located?
The property is located at 800 Canal St New Orleans, LA.
What are key features of this property?
This property features: Prime Downtown New Orleans location, directly across from Bourbon Street at Canal and Carondelet Streets.; Redevelopment opportunity: approximately 28,943 square feet available on the second, third, and fourth floors of the Historic Gus Mayer Building.; Roof development potential: zoning allows building height up to 120 feet, enabling additional floors or rooftop amenities.
