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    213 Baronne St New Orleans, LA 70112

    Sponsored
    For Sale
    $1,725,000

    New Orleans Mixed-Use Property, $1.725M

    Property size:
    8,212 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional New Orleans mixed-use property, located at 213 Baronne St, offers 8,212 square feet of space across three stories, plus a penthouse level with a large rooftop deck. Zoned CBD-1, it's ideally situated just two blocks from the French Quarter. The building features separate entrances for ground-level retail and upper floors, allowing for flexible use as a restaurant, bar, club, event venue, or boutique hotel with short-term rental potential. The first three floors are elevator-serviced. The property boasts a compelling price per square foot of $225, significantly below replacement cost. The building's historic nature may qualify it for Federal and State Historic Tax Credits, offering potential cost savings for renovations. The expansive rooftop deck provides stunning city views and further development opportunities. Net rentable space totals 2,882 square feet. This is a unique owner/user investment opportunity in a prime New Orleans location. APN: 105101703.

    Property Features for 213 Baronne St

    General Information

    Property type
    Restaurants
    Square Feet
    8,212 SF

    Building Details

    Stories
    35

    HighLights

    • 8,212 SF mixed‑use building in New Orleans' Central Business District (CBD), two blocks from the French Quarter.
    • Three stories plus penthouse with large rooftop deck; separate entrances for ground‑level retail and upper floors.
    • Zoned CBD‑1, ideal for restaurant, bar, club, event venue, or boutique hotel (short‑term rentals possible).
    • Elevator service to the third floor; $225/SF price, significantly below replacement cost.
    • Potential for Federal and State Historic Tax Credits; 2,882 SF net rentable area.
    • APN: 105101703.
    Property Profile Location Intelligence

    Current Use by Public Records

    HYDE Caterer Naturally Esthetics LLC Spa Bleaux Beauty and Nail ... Beauty Salon Jasmine Private Club Art Center

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Building Supply Daycare Center Gym & Fitness 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
    -90.072323
    Latitude
    29.9530468

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    FAQs

    What type of property is this?
    Restaurant - New Orleans Mixed-Use Property, $1.725M
    Where is this restaurant located?
    The property is located at 213 Baronne St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: 8,212 SF mixed-use building in New Orleans' Central Business District (CBD), two blocks from the French Quarter.; Three stories plus penthouse with large rooftop deck; separate entrances for ground-level retail and upper floors.; Zoned CBD-1, ideal for restaurant, bar, club, event venue, or boutique hotel (short-term rentals possible).
    Request Owner's contact information
    213 Baronne St New Orleans, LA 70112
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    New Orleans, LA 70112
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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
    213 Baronne St New Orleans, LA 70112
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