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Listed byKeller Williams Realty New Orleans • Chris M Smith • 504-862-0100
$799,000
Est. payment /mo
7,756 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,756 sqft
Price per Sqft $103
MLS Listing ID 2560215
HOA Y/N No
Year Built 1922
Lot Dimensions 63.9 X 127.10.5
Property Sub-Type Commercial
Source ROAM MLS
Land Area 7756
Property Description
COMMANDING HISTORIC COMMERCIAL OPPORTUNITY ON ORETHA CASTLE HALEY BLVD!! Rich with history, character, and future potential, this substantial ALL BRICK & MASONRY commercial building is prominently positioned on a commanding corner in the heart of Central City, one of New Orleans' fastest evolving and most dynamic corridors. Situated only a few short blocks from the thriving Warehouse District, CBD, Downtown Medical Corridor, and the rapidly expanding O.C. Haley commercial renaissance, this property offers an exceptional opportunity for visionary investors, developers, entrepreneurs, restaurateurs, creatives, and mixed use operators seeking a strategic location with strong long term upside.
1501 Oretha Castle Haley Blvd features a valuable MU-2 Mixed Use zoning designation, creating tremendous flexibility for a wide variety of future uses and redevelopment concepts. The structure consists of 2 levels and is in need of a FULL RENOVATION, making it an ideal blank canvas for a transformative restoration project. The property is eligible for Historic Tax Credits, potentially creating significant financial incentives for redevelopment & adaptive reuse.
The site is positioned on an oversized approximately 64' wide x 127' deep lot with excellent visibility, commanding street presence, and strong traffic exposure. An adjoining side lot provides the rare and highly desirable benefit of secure off street parking, a major asset for commercial properties in this area. The commanding corner positioning further enhances visibility, signage opportunities, accessibility, and long term commercial viability.
The MU-2 zoning allows for a broad range of potential uses, including but not limited to:
• Restaurant / Café
• Coffee Shop
• Bar / Lounge
• Retail Storefront
• Professional Office Space
• Art Gallery or Creative Studio
• Residential Apartments
• Live / Work Spaces
• Boutique Hotel or Short Term Lodging (subject to city approvals)
• Mixed Use Commercial & Residential Development
The surrounding area continues to experience substantial public and private investment with new restaurants, cafés, galleries, offices, luxury residential developments, hospitality projects, and neighborhood improvements reshaping the corridor and strengthening long term values. This location places you directly between the energy of Downtown New Orleans and the historic fabric and culture that make Central City one of the city's most authentic and emerging destinations.
Opportunities of this scale, zoning flexibility, corner prominence, and redevelopment potential are increasingly difficult to find within such close proximity to the Warehouse District and CBD. Whether your vision is a flagship commercial space, a mixed use redevelopment, boutique hospitality concept, creative campus, residential conversion, or long term investment hold, this historic property offers exceptional potential for the next chapter of its story.
TRULY A RARE VALUE ADD OPPORTUNITY WITH HISTORIC CHARACTER, FLEXIBLE ZONING, OFF STREET PARKING, AND PRIME POSITIONING IN ONE OF NEW ORLEANS' MOST EXCITING GROWTH CORRIDORS!!
1501 Oretha Castle Haley Blvd features a valuable MU-2 Mixed Use zoning designation, creating tremendous flexibility for a wide variety of future uses and redevelopment concepts. The structure consists of 2 levels and is in need of a FULL RENOVATION, making it an ideal blank canvas for a transformative restoration project. The property is eligible for Historic Tax Credits, potentially creating significant financial incentives for redevelopment & adaptive reuse.
The site is positioned on an oversized approximately 64' wide x 127' deep lot with excellent visibility, commanding street presence, and strong traffic exposure. An adjoining side lot provides the rare and highly desirable benefit of secure off street parking, a major asset for commercial properties in this area. The commanding corner positioning further enhances visibility, signage opportunities, accessibility, and long term commercial viability.
The MU-2 zoning allows for a broad range of potential uses, including but not limited to:
• Restaurant / Café
• Coffee Shop
• Bar / Lounge
• Retail Storefront
• Professional Office Space
• Art Gallery or Creative Studio
• Residential Apartments
• Live / Work Spaces
• Boutique Hotel or Short Term Lodging (subject to city approvals)
• Mixed Use Commercial & Residential Development
The surrounding area continues to experience substantial public and private investment with new restaurants, cafés, galleries, offices, luxury residential developments, hospitality projects, and neighborhood improvements reshaping the corridor and strengthening long term values. This location places you directly between the energy of Downtown New Orleans and the historic fabric and culture that make Central City one of the city's most authentic and emerging destinations.
Opportunities of this scale, zoning flexibility, corner prominence, and redevelopment potential are increasingly difficult to find within such close proximity to the Warehouse District and CBD. Whether your vision is a flagship commercial space, a mixed use redevelopment, boutique hospitality concept, creative campus, residential conversion, or long term investment hold, this historic property offers exceptional potential for the next chapter of its story.
TRULY A RARE VALUE ADD OPPORTUNITY WITH HISTORIC CHARACTER, FLEXIBLE ZONING, OFF STREET PARKING, AND PRIME POSITIONING IN ONE OF NEW ORLEANS' MOST EXCITING GROWTH CORRIDORS!!
Location
State LA
County Orleans
Zoning MU-2
Direction 4 blocks lakeside of St Charles, 5 blocks uptownside of Calliope
Interior
Flooring Vinyl
Fireplace No
Exterior
Utilities Available Natural Gas Available
Garage No
Building
Lot Description Corner Lot
Water Public
New Construction No
Others
Tax ID 1501-ORETHACHALEYBL
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Katie Jo Lazo
Executive Administrative Assistant License ID: 995716292
Executive Administrative Assistant License ID: 995716292