3300 Gravier St - Medical FOR SALE


New Orleans, LA 70119- Mid-City
$3,600,000 USD
504-301-1002
3300 Gravier St, New Orleans, LA for Sale
$3,600,000 USD
Medical - FOR SALE
1/31
null | Request Cap Rate

NEW


3300 Gravier St
New Orleans, LA 70119
Mid-City


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$111 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

MU-2

APN/PARCEL ID

1-05-2-060-08

ASK ABOUT THIS PROPERTY

Ben Jacobsonben + burkaMore Info
504-301-1002

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Ben Jacobsonben + burkaMore Info
504-301-1002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.