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Prime Investment Opportunity in the Heart of Mid-City!

301 S Broad St New Orleans, LA 70119

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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

Office
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