GARDEN DISTRICT DEVELOPMENT SITE 2400 & 2416 St. Charles Avenue, New Orleans, LA 70130 ~ 16,315 sf FOR SALE St. Charles Avenue & First Street Copyright 2013 Calico Marketing Office: 504.274.2701 810 Union Street, 4th Floor, New Orleans, LA 70112 S. Parkerson McEnery 504.274.2664 direct parke@mceneryco.com Peter M. McEnery 504.274.2701 office peter@mceneryco.com
Offering Detail List Price: Showings & Info: Comments: $3,700,000 Cash to seller Contact Agent, Parke McEnery, at 504.274.2664 for showings & additional information. Phyllis C. Landrieu has retained The McEnery Company as the exclusive marketing agent for 2400 & 2416 St. Charles Avenue ( 2400 St. Charles ), a 16,315 SF corner site located at the Uptown / River Corner of St. Charles Avenue and First Street. 2400 St. Charles presents an extremely rare offering of an A+ location with development plans and significant entitlements and approvals already in place. The offering includes substantive plans as well significant proprietary work file information and project detail developed by the seller during the course of recent permitting and pre-development processes. 2400 St. Charles Avenue is unbelievably well positioned to serve as a high grade platform for delivery of deep and un-met residential needs in the Garden District neighborhood. Property Photo
Location and Physical Site Description Address: Total Site Area: Zoning: Comments: 2400 & 2416 St. Charles Avenue, New Orleans, Louisiana 70130 16,315 square feet with 130 linear feet of frontage along St. Charles Avenue & 125.9 along First Street HU-RM1, Historic Urban Multi-Family Residential District 2400 St. Charles is presently improved with two existing single-family residences, and is a fully improved and re-subdivided site situated on a raised parcel of land presently ready for new development. The property is truly a one of a kind location situated along the iconic St. Charles Avenue street car line, and in the heart of the Historic Garden District. The Garden District is one of the most well known and most affluent neighborhoods in the United States, and the location of 2400 St. Charles Avenue at the wellknown corner of First Street and St. Charles Avenue possesses tremendous opportunity and potential.
General Property & Street Scape Views Property Photo
Additional General Property & Street Scape Views Property Photo
The Building Plans The Saint Charles Avenue Condominiums Proposed Concept: Total # of Units: Permitted Stories: Total Permitted GBA: Total Sellable SF: Parking Spaces: Comments: Delivery of high grade, contemporary luxury condominiums 10 proposed units (pending approvals for a total of 13 units) Currently approved 3 1/2 story building with a pending approval of a full 4-story building 24,485 SF with a total of 28,226 sf possible with the pending approvals 20,015 SF with a total of 24,208 sf possible with the pending approvals 18 total parking spaces The Saint Charles Avenue Condominiums is a beautifully designed project that is notably superior to existing inventory in the Garden District, thoughtful and historically sensitive to the location and surrounding land use, and with a cutting edge interior finish and exterior design. The project directly targets presently un-met demand for high grade and tastefully delivered condominium living in the heart of the New Orleans Garden District. A complete AutoCAD set of the buildings plans can be made available upon request.
Aerial Images
Additional Aerial Images
Site Survey
Neighborhood / Market Area St. Charles Avenue & The Garden District Neighborhood: The Historic Garden District Status: Parish: Population Status: Fully Mature - Historic Neighborhood Orleans Stabilized - Very near full occupancy 2400 St. Charles is located in the heart of the New Orleans Garden District, an internationally prominent neighborhood that boasts arguably the most valuable and sought after homes in the Southern Region. The Garden District, with a history dating back to its original founding as the City of Lafayette in 1833, is home to numerous iconic New Orleans institutions and attractions including Commander s Palace, Lafayette Cemetery, countless historic homes and some of the most meaningful architecture in the world. The very strategic placement of 2400 St. Charles, along the prestigious St. Charles Avenue Mardi Gras parade route at its intersection with First Street, offers a resilient & exciting location suitable for numerous potential real estate development concepts with a focus on provision of much needed inventory for specific and presently un-met demand in the local market. Simply put, it does not get any better than the Garden District!