209 N Broad St - Office FOR SALE


New Orleans, LA 70119- Mid-City
$625,000 USD
504-339-2136
209 N Broad St, New Orleans, LA for Sale
$625,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

209 N Broad St
New Orleans, LA 70119
Mid-City


OVERVIEW

Prime investment property on bustling North Broad Street in Mid-City. This two-story building offers an excellent opportunity for an owner to occupy the second floor while benefiting from rental income on the ground floor. Located directly across from Whole Foods Market and surrounded by a vibrant mix of local and national businesses. 209 N. Broad Street sits just one block from Canal Street, offering excellent visibility and convenient accessibility. The property is zoned HU-MU and features both on-street and off-street parking, with multiple dedicated spaces in the rear. • Ground Floor: Approximately 2,100 SF, currently leased on a 3-year term. • Second Floor: Approximately 2,060 SF, currently owner-occupied.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

HU-MU

APN/PARCEL ID

2-06-2-042-18

ASK ABOUT THIS PROPERTY

Matt EatonSoutheast Commercial Real EstateMore Info
504-339-2136

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

Matt EatonSoutheast Commercial Real EstateMore Info
504-339-2136

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