Historic Gus Mayer Redevelopment
800 Canal St, New Orleans, LA 70112
Redevelopment opportunity in the heart of Downtown New Orleans.
- Added:
- Nov 26, 2025
- Days on Market:
- 178
- Last Refresh:
- Apr 5 at 9:16 pm
Property Features for 800 Canal St
General Information
- Standard status
- Active
Listing agent Matthew Pittman, CCIM License #LA #SALE.995682742-ACT (504) 318-2858
Listing office (504) 318-2858
Listing date Nov 26, 2025
Source Lee-associates
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
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.
- Qualifies for historic tax credits, enhancing development appeal.
- Located within a Federal Opportunity Zone, offering potential tax advantages.
- Excellent structural condition with sprinkler standpipes, dual elevator banks, and stairwells in place.
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Cardtronics ATM
Atm
CVS
Pharmacy
Jay A. Yancey, PharmD
Pharmacy
CVS Photo
(Bike/Boat/Book/etc) Store
MoneyGram
Bank
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0703
- Latitude
- 29.9536
Nearby Similar for Sale
FAQs
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.
