700 Baronne Street

Prime Commercial Condo with Established Bank Tenant | High-Traffic Corner in Warehouse District/CBD - 7.15% CAP w/ Annual 2.5% Rent Escalations

Unlock an exceptional investment opportunity with this highly visible commercial condo located in the heart of New Orleans’ bustling Warehouse District. Existing tenant is Red River Bank, with 8.5 years remaining on the lease, with annual rent escalations of 2.5% over prior year.

This corner unit sits in a beautifully preserved 100+ year-old building, showcasing timeless brickwork, soaring open warehouse-style ceilings, and oversized windows and doors that flood the space with natural light and provide unmatched street presence.

The space features several private offices, a built-in ATM and Night Drop, mens and women's restrooms, and a kitchen and break area.

Positioned on the signalized corner of Baronne and Girod Streets, this location benefits from constant vehicle and pedestrian traffic and is directly across the street from a high-volume Rouses Market and CVS Pharmacy. It’s also just steps away from the renowned Emeril’s Restaurant 34, ensuring consistent visibility in a thriving commercial corridor.

Zoned CBD-5, this property offers incredible flexibility for a wide range of commercial uses in addition to continued financial services. With high-speed fiber optic and cable internet/phone service available from both AT&T and Cox, as well as access to high-pressure gas lines, this unit is future-proofed for modern business needs.

Lease Available for Review Upon Request

Property Highlights:

• Established bank tenant with built-in ATM & Night Drop

• Iconic brick façade inside/out and historic charm

• Expansive corner frontage with high visibility

• High-traffic location at signalized intersection

• Surrounded by major retail and dining destinations

• Public Parking Garage diagonally across the street

• Flexible CBD-5 zoning

• Access to AT&T and Cox high-speed internet and phone

• High-pressure gas line access

This is a rare chance to own a piece of New Orleans history while securing a prime location with strong rental income and long-term appreciation potential.

Broker is a part owner of the building.