301-303 S Broad St - Office FOR SALE


New Orleans, LA 70119
$1,600,000 USD
504-300-5179
301-303 S Broad St, New Orleans, LA for Sale
$1,600,000 USD
Office - FOR SALE
1/2
null | Request Cap Rate

301-303 S Broad St
New Orleans, LA 70119


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,631 SF

ZONING

-

APN/PARCEL ID

1-05-2-027-01

ASK ABOUT THIS PROPERTY

Brittany Picolo RamosKeller Williams Realty New OrleansMore Info
504-300-5179

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Brittany Picolo RamosKeller Williams Realty New OrleansMore Info
504-300-5179

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.