Renovated Class A Office
3317 Chartres St New Orleans, LA 70117
3317 Chartres St, New Orleans, LA, 70117
Contact for pricing
For Sale
Contact for pricing
Pending
Renovated 18,464 SF Class A office with two connected buildings and second-floor breezeway.
Property Size18,464 SF
Days on Market283
Property Features for 3317 Chartres St
General Information
- Standard status
- Pending
- Size
- 18,464 SF
- Property subtype
- Office, Retail
Listing agency
Southeast Commercial Real Estate Services Gulfport
(504) 831-2363
Listed by
Collin Holmes · License #LA 0912124443
Source
Crexi
Added: Oct 13, 2025 Updated: Jul 22 at 1:46AM Checked: Jul 22 at 1:46AM
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 Southeast Commercial Real Estate Services Gulfport
Investment Insights
Based on property information with market context.
Beautifully renovated Class A office totaling 18,464± SF, configured as two connected buildings linked by a second-floor breezeway. Originally built in the early 1900s and completely modernized in 2013, the space blends historic character with contemporary finishes, including exposed brick and polished concrete floors. The layout includes large conference rooms, private offices, break areas, and open collaboration spaces suited to professional and creative work environments.
The property includes a gated parking lot with approximately 60 parking spaces. It is located close to the city’s main business districts.
The property includes a gated parking lot with approximately 60 parking spaces. It is located close to the city’s main business districts.
Key Highlights
- 18,464± SF Class A office with two connected buildings joined by a second‑floor breezeway
- Completely modernized in 2013 with exposed brick, polished concrete floors, and high‑end finishes
- Flexible office layout with large conference rooms, private offices, break areas, and open collaboration spaces
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $421.0k | $22.80 |
| − Vacancy | −$58.1k | −$3.15 |
| EGI | $362.9k | $19.65 |
| − OpEx | −$90.7k | −$4.91 |
| NOI | $272.2k | $14.74 |
18,464 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.89M
$3.40M – $4.54M
NOI $272,163 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.69M
$4.11M – $5.48M
NOI $328,506 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Renovated 18,464 SF Class A office with two connected buildings and second-floor breezeway.
Where is this office building located?
The property is located at 3317 Chartres St New Orleans, LA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: 18,464± SF Class A office with two connected buildings joined by a second‑floor breezeway; Completely modernized in 2013 with exposed brick, polished concrete floors, and high‑end finishes; Flexible office layout with large conference rooms, private offices, break areas, and open collaboration spaces
