Active

New Orleans CSTR Condo Package - 888 Girod

888 Girod St, New Orleans, LA 70113

1 / 47

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

For Sale

Hospitality
Investment

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