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318-324 Camp St 3 Properties Offered at $4,200,000 in New Orleans, LA
Investment Highlights
- Historic tax credits available
- Ample surface and covered parking nearby
- Located in the heart of the CBD
Executive Summary
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 Picayune Place.
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.
Partial owner financing is available!
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 Picayune Place.
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.
Partial owner financing is available!
Property Facts
| Price | $4,200,000 | Number of Properties | 3 |
| Price / SF | $108.45 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 38,729 SF |
| Status | Active | Total Land Area | 0.24 AC |
| Price | $4,200,000 |
| Price / SF | $108.45 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 38,729 SF |
| Total Land Area | 0.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 324 Camp St, New Orleans, LA 70130 | Office | 9,934 SF | - | - |
| 320 Camp St, New Orleans, LA 70130 | Office | 9,923 SF | - | - |
| 318 Camp St, New Orleans, LA 70130 | Retail | 18,872 SF | - | - |
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318-324 Camp St
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