A 26,712-square-foot warehouse located at 2123 Tchoupitoulas Street in New Orleans’ Lower Garden District is now on the market for sale or lease. The property is listed for $2.05 million or available for lease at $6.50 per square foot, NNN, marking it as a significant redevelopment opportunity in proximity to the River District and Sara Mayo redevelopment areas.

This commercial property, which consists of two connected buildings on a 32,640-square-foot lot, has been listed by Jack Egle’ of Felicity Property Co., LLC. The listing was last updated on July 8, 2026, showcasing its dock-high design with four doors, a generous eave height of 15 feet, and three-phase electric power. It’s an appealing option for developers or operators looking for industrial space with redevelopment potential.

The asset offers flexibility for potential buyers, suitable for industrial uses or creative conversions, such as a brewery or maker space. The pricing strategy includes both purchase and leasing options, which can serve as critical benchmarks for parties evaluating value-add opportunities in the central city market.

As the property ties its redevelopment potential to nearby regional projects like the Sara Mayo conversion and the River District, it becomes a relevant choice for investors interested in the anticipated spillover effects. This, combined with the warehouse’s size, makes it a noteworthy asset in the competitive New Orleans commercial real estate landscape.

The listing does not detail any specific milestones or timelines for sale or lease execution, leaving potential developments open-ended. However, this openness in the timeline might attract various buyer types interested in shaping the future use of this centrally located property.

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