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Urban Core Mixed-Use Trio with End Cap 3 Properties Online Auction Sale New Orleans, LA
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Investment Highlights
- Positioned in the heart of Downtown New Orleans, these three interconnected historic buildings are primed for transformative redevelopment.
- State & federal Historic Tax Credit eligibility provides significant redevelopment incentives, ideal for multifamily, hospitality, or coworking use.
- Surface/covered parking is readily available, also situated by top-rated hotels, upscale restaurants, nationally recognized brands, & boutique shops.
- 318, 320, and 324 Camp Street offer a commanding presence, situated in the Central Business District and occupying nearly an entire downtown block.
- Within walking distance to French Quarter and Warehouse District and one block from St. Charles streetcar line, well served by public transportation.
- Highly affluent, dense residential hub with average household incomes exceeding $104K, and 50% of residents hold a bachelor's or higher within 1 mile.
Executive Summary
Encompassing 38,729 square feet across three interconnected historic buildings, this landmark Downtown New Orleans portfolio offers a distinctive value-add and rare adaptive reuse opportunity in one of the city's most sought-after urban environments. Originally built in the 1800's, these three buildings will be eligible for both state and federal historic tax credits (HTCs). The HTCs will allow a developer to potentially recoup over 30% of its renovation costs, creating a significant basis advantage, and would be the perfect development opportunity for multifamily, hospitality, or coworking.
Each building consists of four floors that connect on each level. This masterfully executed renovation preserves the buildings' character while providing contemporary interiors. The ability to seamlessly move between all three buildings creates a cohesive user experience that is particularly well-suited for boutique hospitality, creative office, residential, or mixed-use applications. The assets span the width of a downtown block, with the fronts of the buildings facing Camp Street and the backs providing access to Picayune Place.
318 Camp Street is a four-story, 18,872-square-foot building. It features a soaring four-story glass atrium, state-of-the-art conference rooms and technology, a large open lounge area with a kitchen, contemporary office spaces, and a glass-backed elevator. 320 Camp Street is a four-story, 9,923-square-foot building constructed of brick that features double show windows. 324 Camp Street is a four-story, 9,934-square-foot building that served as the original home of Peter Mayer Advertising. It features original pressed tin ceilings, skylights, and a vintage elevator.
The portfolio 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. In addition, it is also only two blocks from Canal Street and the French Quarter. The surrounding 1-mile radius is home to a well-educated and affluent population, with average household incomes at approximately $104,857, and 50% of residents holding a bachelor's degree or higher. This growing corridor has seen an impressive rise in population, expanding by 21% over the past five years, and continues to steadily increase throughout 2030. Its positioning between New Orleans' business, tourism, dining, and entertainment districts creates multiple demand drivers and broad tenant appeal. This is an exceptional commercial real estate opportunity.
Property tours are by appointment only. Please contact the listing broker to schedule.
Each building consists of four floors that connect on each level. This masterfully executed renovation preserves the buildings' character while providing contemporary interiors. The ability to seamlessly move between all three buildings creates a cohesive user experience that is particularly well-suited for boutique hospitality, creative office, residential, or mixed-use applications. The assets span the width of a downtown block, with the fronts of the buildings facing Camp Street and the backs providing access to Picayune Place.
318 Camp Street is a four-story, 18,872-square-foot building. It features a soaring four-story glass atrium, state-of-the-art conference rooms and technology, a large open lounge area with a kitchen, contemporary office spaces, and a glass-backed elevator. 320 Camp Street is a four-story, 9,923-square-foot building constructed of brick that features double show windows. 324 Camp Street is a four-story, 9,934-square-foot building that served as the original home of Peter Mayer Advertising. It features original pressed tin ceilings, skylights, and a vintage elevator.
The portfolio 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. In addition, it is also only two blocks from Canal Street and the French Quarter. The surrounding 1-mile radius is home to a well-educated and affluent population, with average household incomes at approximately $104,857, and 50% of residents holding a bachelor's degree or higher. This growing corridor has seen an impressive rise in population, expanding by 21% over the past five years, and continues to steadily increase throughout 2030. Its positioning between New Orleans' business, tourism, dining, and entertainment districts creates multiple demand drivers and broad tenant appeal. This is an exceptional commercial real estate opportunity.
Property tours are by appointment only. Please contact the listing broker to schedule.
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Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Property Information
- Operating and Financials
- Purchase Agreement
- Title and Insurance
- Register to Bid Instructions
Property Facts
| Sale Conditions | Number of Properties | 3 | |
| Type of Ownership | Fee Simple | Total Building Size | 38,729 SF |
| Sale Type | Investment | Total Land Area | 0.24 AC |
| Status | Active |
| Sale Conditions | |
| Type of Ownership | Fee Simple |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Total Building Size | 38,729 SF |
| Total Land Area | 0.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built |
|---|---|---|---|
| 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 | - |
Sale Advisors
Sale Advisors
Donna Whalen Little, Tenant Representation
Donna joined Corporate Realty in 2013 as its only broker specializing in exclusive Tenant Representation. Placing clients in offices in New Orleans (and sub-market Metairie), Baton Rouge, and Lafayette has resulted in millions of square feet of successful transactions over a more-than-thirty-year period in commercial real estate. Through Donna’s association with Corporate Realty, and her reputation and repeated clients over the years, she participates in many co-broker transactions involving national brokerage firms without branches in the New Orleans area.
Because of beginning her career as a landlord’s representative during the aggressive development of New Orleans in the late 1980s, she has exceptional insight into lease negotiations, especially benefiting tenants. She has successfully represented numerous local and national law firms, such as Irwin, Fritchie, Urquhart & Moore; Patrick Miller; Kelly Kronenberg; Forman, Watkins & Krutz; Mouledoux Bland, Legrand & Brackett; Looper Goodwin; and Baker Donelson; and Akerman. She has also represented prestigious corporate entities such as UBS Financial Services, Modjeski & Masters, Liberty Mutual, Aetna, State Farm, and iHeart Media.
Donna is a New Orleans native and attended Loyola University. She is a member of the New Orleans Metropolitan Association of Realtors (NOMAR) and the Audubon Area Neighborhood Association. She was formerly a member of the Kingsley House, a United Way agency, and was named a YWCA Woman in Business Role Model. She currently sits on the Advisory Board of City Year New Orleans.
Because of beginning her career as a landlord’s representative during the aggressive development of New Orleans in the late 1980s, she has exceptional insight into lease negotiations, especially benefiting tenants. She has successfully represented numerous local and national law firms, such as Irwin, Fritchie, Urquhart & Moore; Patrick Miller; Kelly Kronenberg; Forman, Watkins & Krutz; Mouledoux Bland, Legrand & Brackett; Looper Goodwin; and Baker Donelson; and Akerman. She has also represented prestigious corporate entities such as UBS Financial Services, Modjeski & Masters, Liberty Mutual, Aetna, State Farm, and iHeart Media.
Donna is a New Orleans native and attended Loyola University. She is a member of the New Orleans Metropolitan Association of Realtors (NOMAR) and the Audubon Area Neighborhood Association. She was formerly a member of the Kingsley House, a United Way agency, and was named a YWCA Woman in Business Role Model. She currently sits on the Advisory Board of City Year New Orleans.
Michael Siegel, President & Director of Leasing
Mike is the President of Corporate Realty and Director of Office Leasing. For more than 40 years, Mike has guided the most complex commercial real estate transactions in New Orleans and aided in growth and development of the city’s office market. Mike’s specialties include office leasing and office brokerage, and he has a depth of knowledge that benefits both clients and the region.
About the Auction Technology
Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
Cheri Mascitelli
Contact
Auctioneer License:
Ten-X Jessica Figueroa RE Brkr BROK.0995692305-CORP Irvine, CA; Auction Firm LA AB-446
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tours
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Urban Core Mixed-Use Trio with End Cap
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Urban Core Mixed-Use Trio with End Cap
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