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$850,000
4 Days On Site

1501 ORETHA C. HALEY Boulevard
New Orleans, LA 70113

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
3,878
SqFt
$219
/SqFt
1922
Built
County:
Orleans
Call Now: (504) 302-9590
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(504) 302-9590
1501 ORETHA C. HALEY Boulevard1501 ORETHA C. HALEY Boulevard1501 ORETHA C. HALEY Boulevard1501 ORETHA C. HALEY Boulevard
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Monthly Payment (Est.)

$3,878
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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.<br><br> 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 eligible for Historic Tax Credits, potentially creating significant financial incentives for redevelopment & adaptive reuse.<br><br> 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.<br><br> The MU-2 zoning allows for a broad range of potential uses, including but not limited to: <br> • Restaurant / Café <br> • Coffee Shop <br> • Bar / Lounge <br> • Retail Storefront <br> • Professional Office Space <br> • Art Gallery or Creative Studio <br> • Residential Apartments <br> • Live / Work Spaces <br> • Boutique Hotel or Short Term Lodging (subject to city approvals) <br> • Mixed Use Commercial & Residential Development<br><br> 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.<br><br> 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.<br><br> 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!!

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Listing Snapshot
Price 
$850,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,878 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1922
MLS® Number 
2560215
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Cross Street 
Martin Luther King Jr, Baronne St, Terpsichore St,
Levels 
Two
Parking 
None
Property Condition 
Fixer
Sewer 
Public Sewer
SqFt Total 
3878
Water Source 
Public
Zoning 
MU-2
Interior Features
Other 
Level - Lower
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Exterior Features
Construction Details 
BrickBlockConcrete
Lot Features 
Corner LotCity Lot
Community Features
Accessibility Features 
Accessible Entrance
Listing courtesy of Keller Williams Realty New Orleans

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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