875 O’KEEFE Avenue, New Orleans, LA 70113 (MLS# NO2560587)

875 O'KEEFE Avenue, New Orleans, LA 70113

$7,500,000
Property Type: Comm Bldg Sale/Lease Square Footage: 18,055 Status: Active
Current Price: $7,500,000 List Date: 6/02/2026 Last Modified: 6/02/2026

Overview

Description

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 ...

Listing Details MLS# NO2560587

Listing Info

For Sale
Yes
Delayed Marketing
No
Listing Price
7500000
List Price/SqFt
415.4
Modification Timestamp
2026-06-02T19:22:50Z
Photo Modified
2026-06-02T17:05:08Z

Location Tax Legal Info

Street Number
875
Street Name
O'KEEFE Avenue
Parish
Orleans
State
LA
Zip Code
70113
Tax Assessment Number
837-OKEEFEAV
Zone
CBD-5
Directions
Bounding Streets: Howard Avenue, S. Rampart Street, Julia Street

General Property Description

Lot Dimensions
92/23X193/196
SqFt - Total
18055
SqFt - Source
Public Record
Stories
3
Elevator
Yes
Ceiling Height (Ft)
9
Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
58439305
Originating System Listing ID
2560587
Originating System Name
ROAM Matrix

Sale/Lease Info

Lease Purchase
No

Remarks & Misc

Remarks
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.

More Information

Office/Member/Contract Info

List AOR
NOMAR

Property Type

Hotel/Motel
Yes
Retail
Yes

Construction

Brick
Yes

Features

Handicap Design
Yes

Landlord Pays

Building Insurance
Yes
Janitorial
Yes
Property Taxes
Yes

Property Features

Property Type: Hotel/Motel; Retail Features: Handicap Design Construction: Brick Landlord Pays: Building Insurance; Janitorial; Property Taxes
IDX
Listing Office: Valmont Realtors
Last Updated: June - 02 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.