625-627 Celeste Street Active

New Orleans,LA 70130

$ 4556000

- Bed

0 Bath

42653 SqFt


Key Details

Property Type Commercial

Sub Type Industrial,Professional/Office

Listing Status Active

Purchase Type For Sale

Square Footage 42,653 sqft

Price per Sqft $106

MLS Listing ID NO2499014

Lot Size 30636.001 Acres

Acres 0.7033

Property Sub-Type Industrial,Professional/Office

Property Description

Rare investment opportunity to acquire leased office and warehouse space blocks from rapidly growing Riverfront Development area. The property is currently leased through May 31, 2028, with potential for early termination by mutual agreement between the tenant and the new owner. Contact agent for further details on the current lease. Located just a few blocks from the Riverfront Development and directly across from Walmart, the property fronts Celeste, Felicity, and St. Thomas Streets. Key features include: 42,653 SF Gross Building Area 25,252 SF three-story office building with modern renovations, featuring exposed brick walls, high ceilings, and a mix of private suites and flexible workspaces. The third floor is partially built out for additional office or flex space. 13,270 SF warehouse with a roll-up door ramped into the building from St. Thomas Street, plus two additional roll-up doors boasting a large loading dock with ceiling heights ranging from 11'4" to 19'4" on Celeste Street. The warehouse offers flexibility for additional office build-out, interior parking, warehousing, or storage. 4,380 SF gated parking lot with 12 marked spaces. 30,636 SF Land Area Zoned MU-2, this property offers extremely generous use options, making it desirable a developer or end user looking to generate income while planning for future redevelopment or expansion.

Location

State LA

Zoning MU-2

Exterior

Parking Features Covered,Parking Lot

Garage false

Building

Sewer Public Sewer

Water Public

Level or Stories 3

Others

Tax ID 627CELESTEST

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