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$ 2,421,599
Est. payment /mo
Price Dropped by $269K
625-627 CELESTE ST New Orleans, LA 70130
UPDATED:
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
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.
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
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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