875 O'Keefe Avenue New Orleans, LA $ 7,500,000
875 O'Keefe Avenue
$ 7,500,000
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875 O'Keefe Avenue

New Orleans, LA, 70113
$ 7,500,000
Bedrooms-- Baths-- Sq 18,055

Monthly Estimate*

$ 46,179

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Commercial Property for sale in New Orleans, LA

for $7,500,000. This 18,055 square foot building was built in 2026.

Positioned at the foot of the South Market District, The O’Keefe presents a rare, turnkey investment opportunity with exceptional upside potential. Purposefully designed for luxury urban living, multi-family income generation, or boutique hospitality conversion, this architecturally striking asset offers investors immediate operational value with significant long-term appreciation potential. Located at 875 O’Keefe Avenue, this boutique mixed-use development features 14 exclusive luxury residences comprised of one-, two-, and three-bedroom units totaling 28 bedrooms, 25 full bathrooms, and 5 half bathrooms. The property also includes a highly visible commercial component at 955 Howard Avenue, benefiting from premier exposure at the intersections of Howard Avenue, O’Keefe Avenue, and Rampart Street—an ideal opportunity for retail, hospitality, food and beverage, or experiential concepts. Strategically positioned within walking distance of the Caesars Superdome, Smoothie King Center, the Warehouse District, and the historic French Quarter, The O’Keefe is exceptionally well suited to capitalize on New Orleans’ year-round tourism, entertainment, and convention demand. The property’s flexible layout and premium location make it a compelling candidate for boutique hotel conversion, luxury extended-stay accommodations, corporate housing, or continued high-end residential operation. Additional features include high-end commercial space, secure garage parking, and an expansive rooftop deck with panoramic skyline views—an increasingly sought-after amenity in the luxury hospitality and residential markets.

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Commercial Active

Price

$ 7,500,000

Property Type

Commercial

Taxes

$ 0

Style

Condominium

Year Built

2026

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2560587

Features
General
Sewer Public Sewer
Zoning CBD-5
Security Features Fire Sprinkler System
Construction Materials Brick HardiPlank Type
Year Built 2026
Stories Count 3
Levels Three Or More
Property Subtype Condominium
Accessibility Accessibility Features
County Orleans
Property Type Commercial Sale
Garage Y/N 1
Full Baths 0
Status Active
City New Orleans
Structure Type Hotel/Motel Mixed Use Other
Standard Status Active
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Exterior
Parking Features Garage
Lot Features City Lot Irregular Lot
Water Source Public
Lot Size Area 0
Building Area Total 18055
Lot Dimensions 92/23X193/196
Lot Size Acres 0
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Valmont Realtors

Broker

kristen@valmontproperties.com

Email

Affordability Calculator

$46,179
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Monthly Principal & Interest
$46,179
Monthly Property Taxes
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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.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$7,500,000 Listed Price

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875 O'Keefe Avenue, New Orleans, LA, 70113 is a Commercial Property for sale at $7,500,000 with 18,055 sqft. 875 O'Keefe Avenue was built in 2026. The property's zip code is 70113 which is in New Orleans, LA