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$4,556,000
8 Days On Site

625-627 CELESTE Street
New Orleans, LA 70130

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
42,653
SqFt
$107
/SqFt
1969
Built
County:
Orleans

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625-627 CELESTE Street625-627 CELESTE Street625-627 CELESTE Street625-627 CELESTE Street
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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.

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Listing Snapshot
Price 
$4,556,000
Days On Site 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
42,653 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1969
MLS® Number 
2499014
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Plans
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Number Of Stories 
3
Parking 
CoveredParking Lot
Sewer 
Public Sewer
SqFt Total 
42653
Stories 
Three Or More
Water Source 
Public
Zoning 
MU-2
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Exterior Features
Construction Details 
BrickConcrete
Lot Features 
City LotIrregular Lot
Listing courtesy of Z Group, LLC

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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