Catylist ID: #30818180
Exceptional Trio of Historic Buildings in New Orleans
Office for Sale
Call for OffersAlso listed as Multi-Family
|Catylist Listing ID:||30818180|
|Property Subtypes:||Coworking, Flex Space, Office Building, Other|
|Building Size (RSF):||38,729 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$0 PSF|
|In Opportunity Zone?||Yes|
|Property Use Type:||Investment, Business|
|Sale Terms:||Cash to Seller|
|Call for Offers:||Yes|
Overview / Comments
These three interconnecting buildings, formerly the home of Peter Mayer Advertising, are offered for sale. Comprising a total of 38,729 sf in the heart of downtown New Orleans, this is a perfect development opportunity for multi family, hospitality, or co-working. Originally built in the 1800s, these three buildings will be able to get both state and federal historic tax credits (HTCs). The HTCs will allow a developer to recoup over 30% of its renovation costs.
Each building consists of four floors that connect on each level. This masterfully done renovation preserves the character of the buildings while providing contemporary interiors. The property spans the width of a downtown block, with the fronts of the buildings facing Camp Street and the backs providing access to
The property is only one and a half blocks from Poydras Street, a primary thoroughfare for the Central Business District, and adjacent to Class A office buildings, hotels, and restaurants. It is also only two blocks from Canal Street and the French Quarter. This is an exceptional commercial real estate opportunity.
The three buildings are:
318 Camp St is a four-story, 18,872-sf building. It features a soaring four-story glass atrium, state-of-the-art conference rooms and technology, a large open lounge area with kitchen, contemporary office spaces, and a glass-backed elevator.
320 Camp St is a four-story, 9,923-sf building constructed of brick that features double show windows.
324 Camp St is a four-story, 9,934-sf building that served as the original home of Peter Mayer Advertising. It features original pressed tin ceilings, skylights, and a vintage elevator.
Attachments & Media
|Nearest MSA:||New Orleans-Metairie|
|Submarket/Township:||Greater New Orleans|
|Property Located Between:||Poydras and Gravier|
|Highway Access:||I-10, Pontchartrain Expressway, Hwy 90|
|Site Description:||Three buildings along busy street that directly connects CBD with French Quarter. Buildings under one ownership from 1980 to present, updated and interconnected.|
|Area Description:||Class A office towers, hotels, restaurants, bars, and coffee shops in the direct vicinity. Only a few blocks to French Quarter.|
|Total Number of Buildings:||3|
|Number of Stories:||4|
|Interior Description:||Interconnected buildings provide contemporary interiors. mixture of open spaces, private offices, and shared work areas. In 318 Camp, features include a 4-story atrium covered with glass roof and a break room area with kitchen.|
|Zoning Description:||Current zoning is CBD-2 - Historic Commercial and Mixed-Use District - This provides for the reuse of existing structures in historic and along prominent mixed-use corridors that frame the Central Business District. Future zoning is DMU (Mixed-Use Downtown) that encourages further development of a walkable downtown area.|
|Proximity:||1 mile||3 miles||5 miles|
Donna Whalen LittleCorporate Realty - Main Office New Orleans, LA 70170-0000
Michael J Siegel, SIORCorporate Realty - Main Office New Orleans, LA 70170-0000
Randy R WhiteCorporate Realty - Main Office New Orleans, LA 70170-0000
|The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.|