301 S Broad Street, New Orleans, LA 70119
sale
$980,000
|
Other
Courtesy Of HODC LLC dba Keller Williams Realty New Orleans
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.
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Property Features
- Age: 31-40 Years Old
- Amenities: Wired
- Cooling System: Central Air
- Exterior Type: Brick
- Floors: 3
- Heating System: Central
- Legal Description: SQ 605 S BROAD ST & PALMYRA ST LOT 1-A 100X102
- MLSID: 200MRK
- Parking Spaces: 22
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