230 Carondelet St New Orleans, LA 70130
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.