Prime Investment Opportunity in the Heart of Mid-City!
301 S Broad St New Orleans, LA 70119

Overview
Now Available: High-Performing Commercial Building with Strong Rental Income Current Monthly Rent Roll: $9,300
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.
For Sale
- Sale Price
- $1,600,000
- Price Per SF
- $269.2/SF
- Building Size
- 5,943 SF
- Acres
- 0.24 ac
- Zoning
- HU-MU
- Building Class
- B
- Number of Buildings
- 1
- Floors
- 3
- Construction Siding
- Wood
- Construction Type
- Wood
- Parking Spaces
- 22
- Submarket
- Greater New Orleans
- Property Status
- Existing
- In Opportunity Zone
- Yes
- County
- Orleans Parish
- Available
- 2024-08-08
- Created
- 2024-08-08
- Updated
- 2025-07-08
- Listing ID
- 0839bc52
- Parcel APN
- 105202701