Active
Sale
Retail
Investment
Mixed Use

Centrally Located Commercial Space

2334 Martin Luther King Jr Blvd, New Orleans, LA 70113

For Sale

$249,000

$42.05/SF

Building Size
5,922 SF
Lot Size
0.14 ac
Parish
Orleans
DOM
574
Listed
04/01/2025
Updated
06/24/2025
Centrally Located Commercial Space
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Overview

Property Overview:
2334 Martin Luther King Blvd offers a centrally located site ideal for redevelopment or repositioning. Situated in a high‑visibility corridor near major traffic routes and neighborhood amenities, this property presents an excellent opportunity for investors or developers seeking to capitalize on the area’s ongoing revitalization and growth momentum.

Key Highlights

  • Location: 2334 Martin Luther King Blvd, New Orleans, LA
  • Zoning: HU-MU
  • Site Area: 5760
  • Building Area: 5922
  • Frontage: Prominent exposure along Martin Luther King Blvd with excellent access and visibility
  • Access: Convenient to I‑10, CBD, Warehouse District, and Uptown

Development Potential

  • Centrally located with strong surrounding redevelopment activity
  • Suitable for a variety of uses such as multifamily housing, mixed‑use, light commercial, or community service development (subject to zoning)
  • Level site with access to existing utilities and infrastructure
  • Opportunity to repurpose or clear existing improvements for new construction

Market & Area Context

  • Rapidly evolving corridor featuring new residential, commercial, and cultural developments
  • Close proximity to major employers, public transit, and key New Orleans districts
  • Strong long‑term potential driven by city redevelopment incentives and market demand for well‑located infill sites

Investment Highlights

  • Centrally located redevelopment site with strong demographics and traffic counts
  • Flexible zoning supports multiple end uses
  • Growing demand for urban infill projects in nearby neighborhoods
  • Excellent visibility and accessibility from major thoroughfares

Offering Summary

  • Asking Price: $249,000
  • Property Type: Redevelopment / Land / Mixed‑Use Opportunity
  • Broker Contact: Mike MIto, mitocommercial@gmail.com, 504.432.3435

Additional Information

City
New Orleans
County
Orleans Parish
State
LA
Zip Code
70113
Latitude
29.9432915
Longitude
-90.0835712
Secondary Uses
Mixed Use
Zoning
HU-MU
# of Buildings
1
Floors
2
Construction Type
Framed
Submarket
Uptown-Garden District
Nearest MSA
New Orleans-Metairie
Property Status
Existing
In Opportunity Zone
Yes
Parcel APN
101109801
Listing ID
8b7bc40f

Parcel & Location