For Sale
$1,800,000

303 Broad StNew Orleans, LA 70119

Fully leased, high-traffic Mid-City location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This three-story, 6,150 sq ft Class B office building in New Orleans' Mid-City (303 S Broad St, 70119) is offered for sale at $1,800,000 ($292.68/sq ft). Built in 1989, the property features a new roof (post-Hurricane Ida) and a recently installed elevator (post-Hurricane Katrina). The building is currently 100% occupied by three tenants under individual NNN leases. Lease terms vary, with the shortest expiring May 7, 2026, and the longest expiring April 30, 2025. Total monthly rent is $9,300. The building boasts luxurious Burmese Ironwood flooring, two well-appointed bathrooms (2nd & 3rd floors), a 3rd-floor kitchen, and a detached building with a roll-up garage door for extra storage. Ample parking is provided with 22 gated, off-street spaces. The 0.23-acre lot is zoned HU-MU and enjoys high visibility at a busy intersection. This prime location offers excellent access to numerous restaurants, coffee shops, and other businesses. The property presents a unique opportunity to acquire a well-maintained, fully leased commercial building in a thriving Mid-City neighborhood.

Property Details for 303 Broad St

Property type
Office properties
Square Feet
6,150 SF
Class
B
Year Built
1989
Buildings
1
Stories
3
Lot Size (sq. ft)
10,019 SF

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.963741207598
Longitude
-90.089215109836
303 Broad St, New Orleans, Louisiana

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303 Broad St
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