Search
Historic Power Plant Office Complex
For Sale
Contact for pricing

1600 S Peters St, New Orleans, LA 70130

Historic multi-building office complex on a river site with approximately 163,000 sf of gross building area.

Property SizeContact for details
Days on Market119

Property Features for 1600 S Peters St

General Information

Standard status Active
Property subtype Land
Listing Agency: Corporate Realty
Listed By: Hayden Wren · License #LA BROK.0000000788.A-ASA
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 5:00PM

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 Corporate Realty

Investment Insights

Based on property information with market context.

The Market Street Power Plant (MSPP) is a historic facility comprising more than seven acres of ground with approximately 163,000 sf of gross building area. The property includes seven interconnected individual buildings within the overall footprint, with various floor sizes. The ground floor accounts for approximately 72,000 +/- sf.

MSPP is situated on the Mississippi River, positioned between the New Orleans Warehouse District and the Lower Garden District. The facility provides unobstructed Mississippi River views and is immediately upriver from the Ernest N. Morial Convention Center’s ground-floor exhibit space. MSPP is also adjacent to a newly expanded cruise ship terminal and located just south of the New Orleans Central Business District.

The office component is described as including fifteen Class A office buildings totaling approximately 9,043,000 +/- rentable square feet, with current occupancy reported at 87+%.

Key Highlights

  • Historic Market Street Power Plant (MSPP) on the Mississippi River with 7+ acres of ground
  • Approximately 163,000 sf total gross building area across seven interconnected buildings within the footprint
  • Ground floor includes approximately 72,000+/- sf within the building footprint

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Dental Office Auto Parts Store Real Estate Agency Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,082
Businesses Nearby

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

Market

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Historic multi-building office complex on a river site with approximately 163,000 sf of gross building area.
Where is this office building located?
The property is located at 1600 S Peters St New Orleans, LA.
What are key features of this property?
This property features: Historic Market Street Power Plant (MSPP) on the Mississippi River with 7+ acres of ground; Approximately 163,000 sf total gross building area across seven interconnected buildings within the footprint; Ground floor includes approximately 72,000+/- sf within the building footprint
(504) 566-1777 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message