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301-303 S Broad St 5,562 SF Office Building New Orleans, LA 70119 $1,200,000 ($215.75/SF)
Executive Summary
Mid-City Commercial Building | Income-Producing with Owner-User Potential
Unlock a rare opportunity to own a ±6,150 SF mixed-use building in the heart of Mid-City New Orleans, just off Canal Street. Currently generating $6,800/month from leased first and third floors, with the second floor available for lease or owner-occupancy.
This three-story structure sits on a prominent corner lot and includes 22 gated off-street parking spaces, a detached storage building with roll-up door, and premium finishes including Burmese Ironwood flooring. Major capital improvements include a new roof and a commercial elevator.
Property Highlights:
±6,150 SF | 3 stories
2 of 3 floors leased | $6,800/month income
Zoned HU-MU | Flexible for office, retail, medical, or creative use
22 off-street parking spaces (gated)
Bonus detached building for storage or operations
Located in high-traffic corridor near Canal St with excellent visibility
Recent upgrades: new roof, elevator, luxury finishes
Perfect for investors seeking cash flow with upside or businesses looking to secure a premium location with supplemental rental income.
Unlock a rare opportunity to own a ±6,150 SF mixed-use building in the heart of Mid-City New Orleans, just off Canal Street. Currently generating $6,800/month from leased first and third floors, with the second floor available for lease or owner-occupancy.
This three-story structure sits on a prominent corner lot and includes 22 gated off-street parking spaces, a detached storage building with roll-up door, and premium finishes including Burmese Ironwood flooring. Major capital improvements include a new roof and a commercial elevator.
Property Highlights:
±6,150 SF | 3 stories
2 of 3 floors leased | $6,800/month income
Zoned HU-MU | Flexible for office, retail, medical, or creative use
22 off-street parking spaces (gated)
Bonus detached building for storage or operations
Located in high-traffic corridor near Canal St with excellent visibility
Recent upgrades: new roof, elevator, luxury finishes
Perfect for investors seeking cash flow with upside or businesses looking to secure a premium location with supplemental rental income.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,562 SF
Building Class
C
Year Built
1989
Price
$1,200,000
Price Per SF
$215.75
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,107 SF
Building FAR
0.73
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
HU-MU
Amenities
- Air Conditioning
1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (70)
Bike Score®
Biker's Paradise (94)
Property Taxes
| Parcel Number | 1-05-2-027-01 | Improvements Assessment | $48,060 |
| Land Assessment | $20,400 | Total Assessment | $68,460 |
Property Taxes
Parcel Number
1-05-2-027-01
Land Assessment
$20,400
Improvements Assessment
$48,060
Total Assessment
$68,460
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301-303 S Broad St
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