1240 S Broad St - Warehouse FOR SALE


New Orleans, LA 70125- Gert Town
$2,095,000 USD
504-274-2667
1240 S Broad St, New Orleans, LA for Sale
$2,095,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

1240 S Broad St
New Orleans, LA 70125
Gert Town


HIGHLIGHTS

  • Significant frontage along South Broad Street in a high-traffic commercial corridor.
  • Modernized building with office space and additional storage areas.
  • Excellent accessibility to Interstate 10, Earhart Boulevard, and the New Orleans CBD.

OVERVIEW

This commercial property at 1230-40 S. Broad Street presents a rare opportunity in one of New Orleans’ most established commercial corridors. The site features a one-story building totaling approximately 9,487 square feet on a 21,120 square foot lot, offering significant frontage along South Broad Street. Zoned C-1 (General Commercial District), the property supports a wide range of retail and commercial uses, benefiting from strong visibility and accessibility in a high-traffic location. Formerly a warehouse, the building has been converted into a modern commercial facility with well-appointed office areas and additional storage space. The expansive yard provides ample parking and room for future expansion or outdoor operational needs. Its proximity to major thoroughfares, including Interstate 10 and Earhart Boulevard, ensures excellent connectivity to the Central Business District, the Superdome, and key medical and retail destinations. This property is well-suited for owner-users or investors seeking a versatile asset in a dynamic urban market.

FOR SALE DETAILS

PRICE

$2,095,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.48

LAND SF

20,909

ZONING

C-1

APN/PARCEL ID

1-02-2-046-01,1-02-2-046-02

ASK ABOUT THIS PROPERTY

Pat Browne IIIThe McEnery CompanyMore Info
504-274-2667

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Pat Browne IIIThe McEnery CompanyMore Info
504-274-2667

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.