1201 Baronne St - Hospitality FOR SALE


New Orleans, LA 70113- Central City
$2,335,000 USD
1201 Baronne St, New Orleans, LA for Sale
$2,335,000 USD
Hospitality - FOR SALE
1/76
null | Request Cap Rate

1201 Baronne St
New Orleans, LA 70113
Central City


OVERVIEW

INCREDIBLE OPPORTUNITY in the Heart of the Action — Fully Renovated Six-Unit Compound with Gated Parking and MU-2 Zoning Welcome to a rare & extraordinary offering in one of New Orleans' most rapidly evolving urban corridors. THE Central City - City Center ~ just 2 blocks from the C.B.D. & the dynamic Warehouse District. This fully renovated, six-unit compound combines architectural elegance with modern amenities and represents a unique investment with exceptional flexibility and long-term upside. The property features a diverse mix of unit types, each with private entries and thoughtfully curated interiors: One 3-bedroom, 2.5-bath residence Two 2-bedroom, 2-bath units Two 1-bedroom, 1.5-bath units One 2-bedroom, 2-bath unit Each unit offers central HVAC, in-unit laundry, and designer finishes with elegant architectural details that reflect the historical charm of New Orleans while offering the comfort and functionality demanded by today’s residents. Strategically positioned just blocks from: The Superdome (home of the Saints, major concerts, and events) The Smoothie King Center (home of the Pelicans & top national tours) The Central Business District and The Warehouse District (home to industry, tech, arts, and hospitality leaders) This location commands attention from a broad spectrum of potential users and occupants, including: Corporate housing portfolios for nearby Fortune 500 companies or healthcare institutions Artist-in-residence housing or short-term studio/live-work rentals tied to nearby galleries and creative hubs Athlete or performer lodging with quick access to venues and secure, gated parking Boutique hospitality or co-living investment given MU-2 zoning flexibility Private compound for a multi-generational household or a live-plus-income scenario The MU-2 Zoning opens the door for creative, high-yield use cases. Think a curated flexible term rental portfolio, nonprofit headquarters with lodging, medical travel lodging hub, or executive relocation suites. With gated off-street parking, move-in ready condition, and zero deferred maintenance, this is a prime, turn-key investment positioned in a location that sits at the epicenter of growth, culture, and economic development in New Orleans. This is not just a property. It’s a strategic acquisition. Make the smart move. Any questions, please telephone Chris Smith at 504-231-2004. This is an INCREDIBLE OPPORTUNITY!!!

FOR SALE DETAILS

PRICE

$2,335,000 USD

PRICE/SF

$306 USD /SF

# OF ROOMS

5

PRICE/ROOM

$467,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Residences du Baronne

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1867

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,911 SF

ZONING

MU-2

APN/PARCEL ID

1-02-1-061-01

ASK ABOUT THIS PROPERTY

Jeffrey Doussan, Jr.Keller Williams Realty New OrleansMore Info

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Jeffrey Doussan, Jr.Keller Williams Realty New OrleansMore Info

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