GREAT OPPORTUNITY TO BE PART OF THE LEADING WAVE OF NEW RETAIL/OFFICE EXPANSION IN FEDERAL CITY

501 O'Bannon Street New Orleans, LA 70114

501 O'Bannon Street, New Orleans, LA, 70114
501 O'Bannon Street, New Orleans, LA, 70114 501 O'Bannon Street, New Orleans, LA, 70114 501 O'Bannon Street, New Orleans, LA, 70114 501 O'Bannon Street, New Orleans, LA, 70114
FOR LEASE
Property Type:
Street Retail
Amount:
Please Call Broker for Price

Last Verified:
Nov 26, 2025

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Highlights

  • Former restaurant space with ADA-compliant lavatory and distributed HVAC above suspended ceiling
  • Join a growing population including Marine Reserve HQ (1,500+ personnel), Delgado Community College Westbank, New Orleans Riverside Fitness Center, and New Orleans Military & Maritime Academy (500+ students and staff)
  • Surrounded by new residential growth, including senior living and market-rate apartments, supporting a vibrant live-work-play community
  • Located within a master-planned district emphasizing walkability and traditional neighborhood development

Description

This former restaurant space offers a turnkey opportunity in the heart of Algiers’ Federal City. The property features an ADA-compliant lavatory and distributed HVAC conveniently located above a suspended ceiling. Its open layout provides flexibility for a variety of commercial uses, from retail to office or specialty food service. The building is well-maintained and move-in ready, with ample space for customer seating or operational needs.

With high visibility along Shirley Drive and strong foot traffic from surrounding businesses and institutions, the site is positioned for success. Nearby developments include senior living, market-rate apartments, and educational facilities, contributing to a steady customer base. This property combines a functional interior with a prime location in a growing, master-planned district.

Ideally positioned within Federal City, adjacent to the Marine Forces Reserve Headquarters and along the Mississippi River in the heart of Algiers. The site is accessible via Shirley Drive from General De Gaulle (linking to Business 90 and I-10), as well as General Meyer, Newton, and Opelousas. Nearby attractions include Historic Algiers Point, Delgado Community College Westbank, and University of Holy Cross.


Year Built: 2011
Building Size: 32210sq ft
Lot Size: 0 acres


Documents

Lease Brochure_Ste 115

Units for Lease

115
Space Available: 1490 SF
Lease Type: Modified Net

Price Per Sqft/Year: $16.00

Map of 501 O'Bannon Street, New Orleans, LA, 70114

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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