New Orleans, LA 70130,625-627 CELESTE ST
New Orleans, LA 70130,625-627 CELESTE ST
New Orleans, LA 70130,625-627 CELESTE ST
New Orleans, LA 70130,625-627 CELESTE ST
New Orleans, LA 70130,625-627 CELESTE ST
New Orleans, LA 70130,625-627 CELESTE ST
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$ 4,556,000
Est. payment | /mo

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$ 4,556,000
Est. payment | /mo
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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.

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

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Z Group, LLC
agent-avatar

+1(225) 335-6879

hello@exitrealtybr.com

464 Brookhaven Dr, Baton Rouge, LA, 70808, USA

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625-627 CELESTE ST