301-303 S Broad St

5,562 SF Office Building New Orleans, LA 70119 $1,600,000 ($288/SF)

EXECUTIVE SUMMARY

Building for sale | Lease information: 1st floor rent: $3,000.00 (lease August 1, 2024 - July 31, 2025) 2nd floor rent $2,500.00 (lease May 8, 2023 -May 7, 2026) 3rd floor rent $3,800.00 (lease May 1, 2023 - April 30, 2025)-Building total monthly rent: $9,300.00 General Comments: Elevate your business in this exceptional commercial space located in the heart of Mid-City. This property boasts: Luxurious Flooring: High-end Burmese Ironwood imported from Vietnam, adding a touch of sophistication and durability. Recent Enhancements: Enjoy peace of mind with a new roofing system installed post-Hurricane Ida and a state-of-the-art elevator added after Hurricane Katrina. Ample Parking: A gated lot with 22 private off-street parking spaces provide convenience for both staff and customers. Versatile Layout: Featuring two well-appointed bathrooms on the 2nd and 3rd floors and a functional kitchen area on the 3rd floor, accommodating a range of business needs. Also include detached building with rollup garage door for extra storage. Prime Location: Centrally located in Mid-City, this property benefits from high foot traffic and is surrounded by numerous restaurants, coffee shops, and key business establishments. High Visibility: Positioned at the busy intersection of Broad Street and Canal Street, offering excellent exposure and accessibility. This property offers a unique blend of elegance, functionality, and strategic location. For businesses looking to capitalize on a vibrant, high-traffic area in one of the city’s most dynamic neighborhoods.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
5,562 SF
Building Class
C
Year Built
1989
Price
$1,600,000
Price Per SF
$288
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,107 SF
Building FAR
0.73
Lot Size
0.18 AC
Opportunity Zone
Yes
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (94)

PROPERTY TAXES

  • Listing ID: 34600179

  • Date on Market: 1/24/2025

  • Last Updated:

  • Address: 301-303 S Broad St, New Orleans, LA 70119