213 Baronne

Well-zoned historic property with expansive roof-top deck for sale just two blocks to the French Quarter. The 8,212 SF building features ~2,300 SF of ground-floor space currently built-out as a night club. The elevator-serviced second and third stories are each ~2,737 SF and are lay out well for conversion to hotel use or private event space. The roof-top contains a 2,000 SF deck and a penthouse structure of ~725 SF. The historic image of the building on the following page from 1963 show the existing Art-Deco appearance dates from that period and is likely eligible for Federal and State Historic Tax Credits (45% aggregate) for qualifying renovation costs. The price per square foot is well supported at $206 per SF, with entry pricing far below replacement cost. The property is also available for lease at $8 per square foot.