25
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$4,556,000
Est. payment /mo
Active
625-627 CELESTE ST New Orleans, LA 70130
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2499014
HOA Y/N No
Year Built 1969
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.
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
County Orleans
Zoning MU-2
Interior
Fireplace No
Exterior
Parking Features Covered, Parking Lot
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description City Lot, Irregular Lot, Oversized Lot
Dwelling Type Industrial,Office,Warehouse
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Others
Tax ID 627-CELESTEST
Special Listing Condition None
Listed by Z Group, LLC
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