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OFF-MARKET
Retail properties & Spaces

230 Carondelet St New Orleans, LA 70130

11,440 SF Built 1904
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1904
Total area 11,440 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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