New Orleans CSTR Condo Package - 888 Girod
888 Girod St, New Orleans, LA 70113

Overview
Rare opportunity to purchase not just one, but TWO commercially zoned, operating STR units in New Orleans. Guests will take an elevator straight into each luxury condo, perfectly situated in the heart of the South Market District. This historic warehouse has been beautifully transformed into a luxury mixed-use property permitted for short-term rental.
Converted from a historic warehouse and tastefully renovated in 2020, the building features only three residential units, each occupying its own full floor. The interior blends the building’s original architectural charm - exposed bricks, wood beams, and oversized industrial windows - with high-end modern finishes throughout. Highlights include Brazilian walnut floors, custom marble and granite surfaces, professional-grade Thermador appliances with gas cooking, dual-zone Nest-controlled HVAC, and designer Delta and Brizo fixtures. Custom double-hung, double-paned windows provide exceptional natural light, comfort, and energy efficiency.
With award-winning restaurants, lively bars, shopping, and a full-service grocery just outside your door, every convenience is only steps away. Just three blocks away, the Caesars Superdome and Smoothie King Center bring world-class events like Saints and Pelicans games, tailgating, and concerts to your backyard. The nearby French Quarter and Warehouse/Arts District offer endless opportunities to explore, from Julia Street art galleries and The Ogden Museum to the National WWII Museum, plus hundreds of restaurants and bars within walking distance.
Furniture can be made available for additional purchase. HOA includes exterior property and flood insurance, pest control, water, gas, fiber optic internet (1GB Speeds), security, and common area utilities/maintenance, including the elevator.
- Excellent multi year performance history
- CBD-5 Zoning allows for various other commercial uses if desired
- Rouses full size grocery store directly across the street, with CVS also across the street for added convenience
- Private direct elevator access into the unit
- High-end construction and quality buildout designed for discerning guests or residents
- Several parking options available for guests within steps of the entrance - a surface lot and garage
Attachments
SRSA Commercial Real Estate
Residential & Commercial Agent
Senior Real Estate Analyst and Agent
For Sale
Secondary Uses: Vacation Rental(s), Hotel, Extended Stay
- Sale Price
- $2,900,000
- Price Per SF
- $589.4/SF
- Cap Rate
- 7.51%
- Building Size
- 4,920 SF
- Acres
- 0.016 ac
- Zoning
- CBD-5
- Zoning Desc.
- Urban Core Neighborhood Lower Intensity Mixed Use District
- NOI
- $217,853
- Floors
- 4
- Year Built
- 1911
- Submarket
- South Market District
- Nearest MSA
- New Orleans
- Tax ID Number
- 103104655
- Property Status
- Existing
- Name of Establishment
- 700 Baronne Street LLC
- Nearest Interstate
- 1-10 - 0.5 mi
- Nearest Hwy
- US-90 - 0.3 mi
- Nearest Airport
- MSY - 15.5 mi
- Nearest Port
- Port of New Orleans - 0.8 mi
- Parish
- Orleans
- Available
- 03/11/2026
- Listed
- 03/11/2026
- Updated
- 03/11/2026
- Listing ID
- 303464b7
- Parcel APN
- 103104611













































