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321 Saint Charles Ave
New Orleans, LA 70130
Former United Fruit Company Building · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Premier Redevelopment Opportunity
- Historic and Financial Appeal
- Prime Downtown Location
EXECUTIVE SUMMARY
The United Fruit Building package presents a rare opportunity to acquire a premier collection of landmark properties on St. Charles Avenue in the heart of Downtown New Orleans. This portfolio includes the iconic 10-story United Fruit Building at 321 St. Charles Avenue along with adjoining properties at 327 St. Charles Avenue and 710, 714, and 720 Union Street. Combined, the portfolio encompasses more than 95,000 sf of gross area across multiple structures with cohesive development potential.
In development-ready condition, the assemblage is ideally suited for a transformative project such as a full-service flag hotel, luxury multifamily conversion, or a signature mixed-use development that leverages the United Fruit’s unparalleled location. The buildings boast direct frontage on St. Charles Avenue with immediate access to the streetcar line and full exposure along the Mardi Gras parade route. Situated within the Central Business District, the site offers easy access to the French Quarter, Convention Center, and the Superdome.
Each building showcases historic architectural elements and efficient floor plates, providing flexibility for a wide range of adaptive reuse concepts. The portfolio may also qualify for both state and federal historic tax credits, enhancing the project’s financial viability.
This is a compelling opportunity to reimagine a magnificent site in downtown New Orleans. With its scale, visibility, and history, this assemblage offers a strong foundation for long-term growth and a lasting impact on the urban landscape.
Total Gross Building Area: ±94,634 SF
• 321 St. Charles (10 stories): ±62,650 SF
• 327 St. Charles (2 stories): ±4,840 SF
• 710 Union (3 stories): ±5,378 SF
• 714 Union (2 stories): ±5,100 SF
• 720 Union (3 stories): ±7,176 SF
Land Area ±14,813 SF (±0.34 acres)
Frontage ±78.5’ on St. Charles Avenue | ±171’ on Union Street
In development-ready condition, the assemblage is ideally suited for a transformative project such as a full-service flag hotel, luxury multifamily conversion, or a signature mixed-use development that leverages the United Fruit’s unparalleled location. The buildings boast direct frontage on St. Charles Avenue with immediate access to the streetcar line and full exposure along the Mardi Gras parade route. Situated within the Central Business District, the site offers easy access to the French Quarter, Convention Center, and the Superdome.
Each building showcases historic architectural elements and efficient floor plates, providing flexibility for a wide range of adaptive reuse concepts. The portfolio may also qualify for both state and federal historic tax credits, enhancing the project’s financial viability.
This is a compelling opportunity to reimagine a magnificent site in downtown New Orleans. With its scale, visibility, and history, this assemblage offers a strong foundation for long-term growth and a lasting impact on the urban landscape.
Total Gross Building Area: ±94,634 SF
• 321 St. Charles (10 stories): ±62,650 SF
• 327 St. Charles (2 stories): ±4,840 SF
• 710 Union (3 stories): ±5,378 SF
• 714 Union (2 stories): ±5,100 SF
• 720 Union (3 stories): ±7,176 SF
Land Area ±14,813 SF (±0.34 acres)
Frontage ±78.5’ on St. Charles Avenue | ±171’ on Union Street
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
72,585 SF
Building Class
B
Year Built
1920
Price
$10,000,000
Price Per SF
$137.77
Percent Leased
100%
Tenancy
Multiple
Building Height
11 Stories
Typical Floor Size
6,598 SF
Building FAR
12.30
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
CBD-1
PROPERTY TAXES
| Parcel Number | 1-04-1-014-03 | Improvements Assessment | $470,700 |
| Land Assessment | $109,610 | Total Assessment | $580,310 |
PROPERTY TAXES
Parcel Number
1-04-1-014-03
Land Assessment
$109,610
Improvements Assessment
$470,700
Total Assessment
$580,310
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