216 Baronne St New Orleans, LA 70112
- Retail properties
Current Use by Public Records
- Concierge Connection / Hotel
Property Details for 216 Baronne St
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 1,518-square-foot retail space is ideally situated at 216 Baronne Street in the heart of New Orleans' Central Business District (CBD), between Common and Gravier Streets. The property boasts a desirable ground floor storefront with a spacious open area upstairs, offering significant versatility for a variety of commercial uses. Its prime location ensures high pedestrian traffic, making it an attractive opportunity for businesses seeking maximum visibility and accessibility. The space is configured as a single-tenant occupancy, providing a unique and exclusive environment. The tenant is responsible for electricity (via sub-metering or an agreed-upon estimate) and janitorial services. However, water, sewer, and trash removal are included in the lease. An additional rent of $1.50 per square foot is added to cover insurance costs for ground floor spaces. This property presents a compelling investment opportunity in a thriving New Orleans location. The address is 216 Baronne St, New Orleans, LA 70112.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.0721
- Latitude
- 29.9529
