301 S Broad ST New Orleans, LA 70119
6,150 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,150 sqft
Price per Sqft $159
Subdivision Greenville
MLS Listing ID 200MRK
HOA Y/N No
Year Built 1989
Annual Tax Amount $10,288
Acres 0.23
Lot Dimensions 100x102
Property Sub-Type Commercial
Source ROAM MLS
Land Area 6150
Property Description
1st Floor: $3,000/month | Lease: Aug 1, 2024 - July 31, 2025 2nd Floor: $2,500/month | Lease: May 8, 2023 - May 7, 2026 3rd Floor: $3,800/month | Lease: May 1, 2023 - April 30, 2025 Unlock passive income in one of New Orleans' most dynamic commercial corridors. This standout Mid-City asset is more than just a building — it's a long-term wealth vehicle, positioned at the high-visibility intersection of Broad and Canal.
Highlights that make this an investor's dream:
Premium Interior Finishes: Stunning Burmese Ironwood flooring throughout, imported directly from Vietnam — elegance meets durability. Capital Improvements: Major upgrades post-Hurricane Ida & Katrina include a new roof and modern elevator, offering peace of mind for years to come. Private Gated Parking: 22 off-street spaces — a rare amenity in this location, increasing appeal for tenants and customers alike. Flexible Layouts: Functional floorplans with bathrooms on upper levels, a full kitchen on the 3rd floor, and an additional detached building with rollup door for extra storage or future income potential. Unbeatable Location: Steps from top restaurants, coffee shops, and major businesses. High foot traffic. Exceptional access and visibility. This is more than a building — it's a strategic acquisition in a high-growth market. Whether you're looking to grow your portfolio, 1031 exchange into a cash-flowing asset, or secure a prime location for your own business down the line, this property checks all the boxes.
Opportunities like this don't come often. Schedule your private tour today.
Location
State LA
County Orleans
Community Greenville
Area 0.23
Zoning HU-MU
Direction From I-10, take the S Broad Street exit and head toward Canal Street. Continue on S Broad Street, crossing Canal Street. Property is located on the corner of S Broad Street and Palmyra Street in Mid-City, just past Canal Street.
Interior
Cooling Central Air
Fireplace No
Exterior
Parking Features Gated
Garage Spaces 22.0
Utilities Available Electricity Available, Electricity Connected, Electricity On Property, Sewer Available, Sewer Connected
Total Parking Spaces 22
Garage No
Building
Lot Description Corner Lot
New Construction No
Others
Tax ID 301-SBROADST
Security Features Carbon Monoxide Detector(s)
Virtual Tour https://www.propertypanorama.com/instaview/roam/200MRK
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