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    147 Carondelet St New Orleans, LA 70130-2586
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    Property profile & analytics

    147 Carondelet St New Orleans, LA 70130-2586


    • Office buildings
    • 41,922 SF
    • 0.19 lot acres
    Off-Market
    Last Sale Apr 11, 2025
    $3,500,000
    Property ID
    US36-0226460
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,260,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • David Oreck Candle Company Corporate Office / Business Service Center / Corporate Office
    • Bruno Inc / General Contractor
    • Federal Ballroom / Wedding Service
    • 147 Carondelet New Orleans, LA 70130 / Real Estate Agency
    • nxxio / Federal Courthouse

    Property Details for 147 Carondelet St

    Year built
    1919
    Lot size
    0.19 lot acres
    Property size
    41,922 SF
    Property type
    Office buildings
    APN
    105101513
    APU
    105101513

    Description

    This exceptional six-story, 41,922 square foot building, constructed in 1923, presents a unique redevelopment opportunity in New Orleans' Central Business District (CBD). Formerly a Federal Reserve Bank branch, this vacant property boasts a prime location on Carondelet Street, directly facing the St. Charles Avenue streetcar line, just one block from the intersection of Canal and Bourbon Streets. Its proximity to the French Quarter, Warehouse District, and Medical District ensures excellent visibility and accessibility. The building is offered free and clear of all encumbrances, providing a clean slate for future development. A significant advantage is the inclusion of 25 complimentary parking spaces secured through a long-term agreement with the Pere Marquette Garage, extending for nearly 80 more years. This mixed-use property, previously utilized as a bank, executive office space, and event venue, offers substantial potential for various commercial ventures. The asking price is $6,000,000, translating to $143.12 per square foot. This is a rare chance to acquire a distinguished historic building in a thriving, high-traffic area of New Orleans.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,975,000
      ML approach
      $3,055,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans
    State
    Louisiana
    Longitude
    -90.071
    Latitude
    29.953
    CBSA code
    35380
    CBSA name
    NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $50,600
    $86,250
    $136,850
    -
    $506,000
    $575,000
    $1,081,000
    More about this property
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