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Historic Building in Lower CBD
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 Market274

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:
Listed By: Paul Richard · License #LA SALE.0000014602-ACT
Source: Naiglobal
Added: Nov 21, 2025 Changed: Aug 8 Last Checked: Aug 22 at 4:29AM

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 Paul Richard

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

Current Use

International High School High School IHS High School L.E.Rabouin Memorial School High School

Suggested Use

Top Pick Home Appliance Store Pet Grooming Service Locksmith Butcher Veterinary Clinic Nursing Home

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

9,002
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
Rey
Questions? Ask Rey
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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.
More about this property
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