For Sale
$750,000

718 Broad St New Orleans, LA 70119

Prime Mixed-Use Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional New Orleans investment opportunity encompasses four parcels totaling 11,760 square feet, strategically located at the high-traffic corner of Broad and Orleans Streets. The property boasts 248 feet of frontage and includes a well-maintained camelback double, a metal-fenced pavilion-style iron-frame warehouse, and ample parking accommodating 17-20 vehicles. Improvements also include income-producing billboards (removable). The package comprises 718-720 N. Broad St (28x120 carport-style iron structure), 2643 Orleans Ave (38x84 open warehouse/carport with mechanic shop), 2639-41 Orleans Ave (31x84 two-unit building with a new 2022 roof, partially renovated), and 2635-37 Orleans Ave (31x84 vacant lot). All parcels are fenced and paved. The two-unit building features a renovated unit with HVAC and a second unit used as semi-residential space. The property is zoned HU-MU and offers significant potential for various uses, given its high visibility and location next to the Zulu Social Aid & Pleasure Club. The asking price is $750,000, representing $130.75 per square foot for the 5,736 square feet of warehouse space. This is a rare chance to acquire a substantial mixed-use property in a vibrant New Orleans location.

Highlights

  • $750,000 asking price for a 5,736 SF warehouse on a 11,760 SF lot.
  • Located at the high-visibility corner of Broad and Orleans Streets in New Orleans, LA.
  • HU-MU zoning.
  • Includes four parcels with a total of 248 feet of frontage.
  • Improvements include a warehouse, metal fencing, and substantial parking.

Property Details for 718 Broad St

Property type
Warehouses, Mixed-use properties
Square Feet
5,736 SF

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9706629
Longitude
-90.0821808

FAQs

What type of property is this?
Warehouse - Prime Mixed-Use Investment Opportunity
Where is the warehouse located?
The property is located at 718 Broad St New Orleans, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: $750,000 asking price for a 5,736 SF warehouse on a 11,760 SF lot.; Located at the high-visibility corner of Broad and Orleans Streets in New Orleans, LA.; HU-MU zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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718 Broad St
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