625-627 Celeste Street
New Orleans, LA, 70130 $ 2,421,599
Bedrooms-- Baths-- Sq 42,653 Monthly Estimate*
$ 14,910
for $2,421,599. This 42,653 square foot building was built in 1969.
Positioned in the rapidly expanding Riverfront Development corridor, this exceptional mixed-use property offers a rare chance to acquire a versatile office and warehouse asset in a high-growth area. Strategically located just blocks from the Riverfront and directly across from Walmart, the site spans three street frontages along Celeste, Felicity, and St. Thomas Streets, providing excellent accessibility and visibility. Key features include: The property features a total 42,653 SF gross building area on a 30,636 SF parcel, zoned MU-2, allowing for a wide range of commercial and redevelopment possibilities. The 25,252 SF three-story office building has been thoughtfully modernized, blending historic character with contemporary finishes. Highlights include exposed brick walls, high ceilings, and a flexible layout with private offices and open workspace configurations. The third floor offers additional partially built-out space, ideal for expansion or customization. Complementing the office space is a 13,270 SF warehouse, designed for operational efficiency and adaptability. It includes a ramp-access roll-up door from St. Thomas Street, two additional roll-up doors, a spacious loading dock along Celeste Street, and ceiling heights ranging from 11'4" to 19'4". This space is well-suited for warehousing, distribution, interior parking, or future office conversion. The property also includes a 4,380 SF gated parking lot with 12 marked spaces, enhancing convenience for tenants and visitors. With its flexible zoning, strong location fundamentals, and income-generating potential, this asset is ideal for investors, developers, or owner-users seeking immediate utility with long-term upside through redevelopment or expansion.
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FeaturesGeneralSewer Public Sewer
Zoning MU-2
Construction Materials Brick Concrete
Year Built 1969
Stories Count 3
Levels Three Or More
Accessibility Accessibility Features
County Orleans
Property Type Commercial Sale
Total Rooms 0
Full Baths 0
Status Active
City New Orleans
Structure Type Industrial Office Warehouse
Standard Status Active
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ExteriorParking Features Covered Parking Lot
Lot Features City Lot Irregular Lot Oversized Lot
Water Source Public
Lot Size Area 0
Building Area Total 42653
Lot Dimensions 30636
Lot Size Acres 0
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InteriorHalf Baths 0
Total Bedrooms 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $14,910
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in New Orleans, LA
Average List Price $1,437,644
Percent of Sale Price 41%
About New Orleans, LA 392,550 Population
-19% Since 2002
$ 41,421 Median Income
36.4 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/7/2026 | $2,421,599 | -10.00% | Price Down |
| 4/6/2026 | $2,690,666 | -10.00% | Price Down |
| 12/10/2025 | $2,989,629 | -10.00% | Price Down |
| 10/13/2025 | $3,321,810 | -10.00% | Price Down |
| 8/13/2025 | $3,690,900 | -10.00% | Price Down |
| 6/14/2025 | $4,101,000 | -9.99% | Price Down |
| 4/30/2025 | $4,556,000 | | Listed Price |