Now Available: High-Performing Commercial Building with Strong Rental Income 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.
Listed By
Agency Name: Keller Williams Realty New Orleans
Agency Phone: 504-862-0100
Shown By
Agency Title: Ricci Real Estate
Agency Phone: (504) 372-0050
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301 S Broad Street , New Orleans, LA 70119.
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301 S Broad Street , New Orleans, LA 70119.
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301 S Broad Street | MLS# 200MRK
This commercial property located at 301 S Broad Street , New Orleans, LA 70119 is currently listed for sale with an asking price of $980,000. Search New Orleans real estate on www.riccire.com today.