25
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$2,178,000
Est. payment /mo
42,653 SqFt
Price Dropped by $243K
625-627 Celeste Street New Orleans, LA 70130
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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 $51
MLS Listing ID NO2499014
Lot Size 30636.001 Acres
Acres 0.7033
Property Sub-Type Industrial,Professional/Office
Property Description
Positioned in the rapidly expanding Riverfront Development corridor, this exceptional mixed-use property offers a rare chance to acquire a versatile office and warehouse asset in a high-growth area. Strategically located just blocks from the Riverfront and directly across from Walmart, the site spans three street frontages along Celeste, Felicity, and St. Thomas Streets, providing excellent accessibility and visibility. Key features include: The property features a total 42,653 SF gross building area on a 30,636 SF parcel, zoned MU-2, allowing for a wide range of commercial and redevelopment possibilities. The 25,252 SF three-story office building has been thoughtfully modernized, blending historic character with contemporary finishes. Highlights include exposed brick walls, high ceilings, and a flexible layout with private offices and open workspace configurations. The third floor offers additional partially built-out space, ideal for expansion or customization. Complementing the office space is a 13,270 SF warehouse, designed for operational efficiency and adaptability. It includes a ramp-access roll-up door from St. Thomas Street, two additional roll-up doors, a spacious loading dock along Celeste Street, and ceiling heights ranging from 11'4" to 19'4". This space is well-suited for warehousing, distribution, interior parking, or future office conversion. The property also includes a 4,380 SF gated parking lot with 12 marked spaces, enhancing convenience for tenants and visitors. With its flexible zoning, strong location fundamentals, and income-generating potential, this asset is ideal for investors, developers, or owner-users seeking immediate utility with long-term upside through redevelopment or expansion.
Location
State LA
Zoning MU-2
Exterior
Parking Features Covered, Parking Lot
Garage false
Building
Level or Stories 3
Others
Tax ID 627CELESTEST
Listed by Z Group, LLC
Nearby Locations
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