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$ 850,000
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1501 ORETHA C. HALEY BLVD New Orleans, LA 70113
3,878 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,878 sqft
Price per Sqft $219
MLS Listing ID 2560215
Construction Status Average Condition,Fixer
HOA Y/N No
Year Built 1922
Property Description
COMMANDING HISTORIC COMMERCIAL OPPORTUNITY ON ORETHA CASTLE HALEY BLVD!! Rich with history, character, and future potential, this substantial ALL BRICK & MASONRY commercial building is prominently positioned on a commanding corner in the heart of Central City, one of New Orleans' fastest evolving and most dynamic corridors. Situated only a few short blocks from the thriving Warehouse District, CBD, Downtown Medical Corridor, and the rapidly expanding O.C. Haley commercial renaissance, this property offers an exceptional opportunity for visionary investors, developers, entrepreneurs, restaurateurs, creatives, and mixed use operators seeking a strategic location with strong long term upside.?
1501 Oretha Castle Haley Blvd features a valuable MU-2 Mixed Use zoning designation, creating tremendous flexibility for a wide variety of future uses and redevelopment concepts. The structure consists of 2 levels and is in need of a FULL RENOVATION, making it an ideal blank canvas for a transformative restoration project. The property is also believed to be eligible for Historic Tax Credits, potentially creating significant financial incentives for redevelopment & adaptive reuse.
The site is positioned on an oversized approximately 64' wide x 127' deep lot with excellent visibility, commanding street presence, and strong traffic exposure. An adjoining side lot provides the rare and highly desirable benefit of secure off street parking, a major asset for commercial properties in this area. The commanding corner positioning further enhances visibility, signage opportunities, accessibility, and long term commercial viability.
The MU-2 zoning allows for a broad range of potential uses, including but not limited to:
• Restaurant / Café
• Coffee Shop
• Bar / Lounge
• Retail Storefront
• Professional Office Space
• Art Gallery or Creative Studio
• Residential Apartments
• Live / Work Spaces
• Boutique Hotel or Short Term Lodging (subject to city approvals)
• Mixed Use Commercial & Residential Development
The surrounding area continues to experience substantial public and private investment with new restaurants, cafés, galleries, offices, luxury residential developments, hospitality projects, and neighborhood improvements reshaping the corridor and strengthening long term values. This location places you directly between the energy of Downtown New Orleans and the historic fabric and culture that make Central City one of the city's most authentic and emerging destinations.
Opportunities of this scale, zoning flexibility, corner prominence, and redevelopment potential are increasingly difficult to find within such close proximity to the Warehouse District and CBD. Whether your vision is a flagship commercial space, a mixed use redevelopment, boutique hospitality concept, creative campus, residential conversion, or long term investment hold, this historic property offers exceptional potential for the next chapter of its story.
TRULY A RARE VALUE ADD OPPORTUNITY WITH HISTORIC CHARACTER, FLEXIBLE ZONING, OFF STREET PARKING, AND PRIME POSITIONING IN ONE OF NEW ORLEANS' MOST EXCITING GROWTH CORRIDORS!!
1501 Oretha Castle Haley Blvd features a valuable MU-2 Mixed Use zoning designation, creating tremendous flexibility for a wide variety of future uses and redevelopment concepts. The structure consists of 2 levels and is in need of a FULL RENOVATION, making it an ideal blank canvas for a transformative restoration project. The property is also believed to be eligible for Historic Tax Credits, potentially creating significant financial incentives for redevelopment & adaptive reuse.
The site is positioned on an oversized approximately 64' wide x 127' deep lot with excellent visibility, commanding street presence, and strong traffic exposure. An adjoining side lot provides the rare and highly desirable benefit of secure off street parking, a major asset for commercial properties in this area. The commanding corner positioning further enhances visibility, signage opportunities, accessibility, and long term commercial viability.
The MU-2 zoning allows for a broad range of potential uses, including but not limited to:
• Restaurant / Café
• Coffee Shop
• Bar / Lounge
• Retail Storefront
• Professional Office Space
• Art Gallery or Creative Studio
• Residential Apartments
• Live / Work Spaces
• Boutique Hotel or Short Term Lodging (subject to city approvals)
• Mixed Use Commercial & Residential Development
The surrounding area continues to experience substantial public and private investment with new restaurants, cafés, galleries, offices, luxury residential developments, hospitality projects, and neighborhood improvements reshaping the corridor and strengthening long term values. This location places you directly between the energy of Downtown New Orleans and the historic fabric and culture that make Central City one of the city's most authentic and emerging destinations.
Opportunities of this scale, zoning flexibility, corner prominence, and redevelopment potential are increasingly difficult to find within such close proximity to the Warehouse District and CBD. Whether your vision is a flagship commercial space, a mixed use redevelopment, boutique hospitality concept, creative campus, residential conversion, or long term investment hold, this historic property offers exceptional potential for the next chapter of its story.
TRULY A RARE VALUE ADD OPPORTUNITY WITH HISTORIC CHARACTER, FLEXIBLE ZONING, OFF STREET PARKING, AND PRIME POSITIONING IN ONE OF NEW ORLEANS' MOST EXCITING GROWTH CORRIDORS!!
Location
State LA
County Orleans
Zoning MU-2
Interior
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description Corner Lot, City Lot, Oversized Lot
Dwelling Type Office,Retail,Warehouse
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Construction Status Average Condition,Fixer
Others
Tax ID 1501-ORETHACHALEYBL
Special Listing Condition None
Listed by Keller Williams Realty New Orleans
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