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$ 725,000
Est. payment /mo
Price Dropped by $25K
422 S BROAD ST New Orleans, LA 70119
4,062 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,062 sqft
Price per Sqft $178
MLS Listing ID 2496181
HOA Y/N No
Year Built 1963
Property Description
Discover an exceptional investment opportunity in the heart of New Orleans at 422 S Broad Street. This prime commercial building, zoned MU-1, is permitted for an abundance of uses in a high traffic area (for a full list of permitted use- czo.nola.gov/article-15/). The ground floor hosts a prep kitchen, while the upstairs is occupied by a thriving law office. Situated directly across from the courthouse, this location is ideal for businesses seeking proximity to legal and governmental institutions, ensuring a steady flow of potential clients and customers. The property includes a dedicated parking lot, a rare and valuable asset in a bustling city like New Orleans, providing convenience for tenants and visitors alike. In addition to the existing tenants, office spaces are available for lease at just $500 per month, offering an affordable entry point for small businesses or startups seeking a prestigious address. Whether you're an investor looking to expand your portfolio or a business owner seeking a prime location, this property presents an unparalleled opportunity. Don't miss the chance to own a piece of New Orleans' vibrant commercial landscape.
Location
State LA
County Orleans
Zoning MU-1
Interior
Fireplace No
Exterior
Parking Features Off Street, Parking Lot, Three or more Spaces
Water Access Desc Public
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Office,Other
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 584
Special Listing Condition None

Listed by Century 21 J. Carter & Company
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