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3300 Gravier St 32,527 SF Office Building New Orleans, LA 70119 $3,600,000 ($110.68/SF)
Executive Summary
Located in the heart of Mid-City, this historic office and warehouse property is available for sale or lease, offering a rare opportunity for an owner-user or investor. The ±32,500 SF of improvements sit on nearly 1.5 acres and include approximately ±22,500 SF of office space and ±10,000 SF of unconditioned warehouse space, featuring soaring ceilings and preserved historic detailing throughout. Fully renovated post-Katrina by BellSouth Communications, the property has been utilized for a variety of uses including office, call center, distribution, education, warehousing, manufacturing, and technician operations, and remains in excellent overall condition. The site is zoned MU-2, allowing for a wide range of uses including distribution, retail, office, warehousing, and light manufacturing, and is also located within an Opportunity Zone.
Positioned just a 7-minute drive from Downtown New Orleans, the property offers convenient access to I-10 and Norman C. Francis Parkway. Additionally, three vacant lots across Gravier Street are included in the offering, providing flexibility for additional parking, expansion, or potential resale.
Positioned just a 7-minute drive from Downtown New Orleans, the property offers convenient access to I-10 and Norman C. Francis Parkway. Additionally, three vacant lots across Gravier Street are included in the offering, providing flexibility for additional parking, expansion, or potential resale.
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
32,527 SF
Building Class
B
Year Built
1900
Price
$3,600,000
Price Per SF
$110.68
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,500 SF
Building FAR
0.50
Lot Size
1.50 AC
Opportunity Zone
Yes
Zoning
MU-2
Parking
80 Spaces (2.46 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Security System
- Skylights
- High Ceilings
- Shower Facilities
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Very walkable
80/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 1-05-2-060-08 | Improvements Assessment | $0 |
| Land Assessment | $6,750 | Total Assessment | $6,750 |
Property Taxes
Parcel Number
1-05-2-060-08
Land Assessment
$6,750
Improvements Assessment
$0
Total Assessment
$6,750
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3300 Gravier St
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