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    230 Carondelet St New Orleans, LA 70130

    Sponsored
    For Lease
    $19 SF/Yr ($18,113 /Mo)

    11,440 SF Creative Office, Prime Location

    Lot size:
    11,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11,440-square-foot commercial property, located at 230 Carondelet Street in New Orleans' Central Business District, presents a unique opportunity. Situated on a prime corner lot at the intersection of Carondelet and Gravier Streets, this two-story building offers unparalleled visibility and accessibility. Originally built in 1904 and renovated in 1994, the space boasts a blend of historical charm and modern functionality. The first floor, encompassing 6,328 square feet, features double glass doors opening onto Carondelet Street and a spacious, open layout. The second floor, totaling 5,112 square feet, includes storage rooms and office space. Convenient amenities include stairs and an elevator, along with existing fitting rooms and display windows, ideal for retail or office use. Benefiting from its location on the St. Charles Avenue streetcar line, with a stop conveniently located nearby, the property also enjoys ample parking options with numerous garages and metered street parking readily available. This single-suite building offers a rare opportunity to occupy a significant presence in the heart of New Orleans' vibrant Central Business District. The property's prominent location provides excellent signage and branding opportunities along both streetscapes, ensuring high visibility and attracting significant foot traffic. This is a truly remarkable space for a discerning tenant seeking a prestigious address in a dynamic and thriving market.

    Property Features for 230 Carondelet St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,440 SF
    Total Rate
    18113.33

    Building Details

    Year Built/Renovated
    1904/1994
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Ground floor
    Size
    11,440 SF
    Rate per SF
    $19

    HighLights

    • Versatile office or retail space.
    • Includes display windows and fitting rooms.
    • Prime downtown New Orleans location, walkable and transit‑accessible.
    • Dedicated street‑level entrance.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Restaurant Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0709726
    Latitude
    29.9519613

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    FAQs

    What type of property is this?
    Office space - 11,440 SF Creative Office, Prime Location
    Where is this office space located?
    The property is located at 230 Carondelet St New Orleans, LA.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Versatile office or retail space.; Includes display windows and fitting rooms.; Prime downtown New Orleans location, walkable and transit-accessible.
    Request Owner's contact information
    230 Carondelet St New Orleans, LA 70130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    230 Carondelet St New Orleans, LA 70130
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