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1240 S Broad St 9,487 SF 100% Leased Industrial Building New Orleans, LA 70125 $1,689,023 CAD ($178.04 CAD/SF)
Investment Highlights
- Significant frontage along South Broad Street in a high-traffic commercial corridor.
- Excellent accessibility to I-10, Earhart Boulevard, and downtown New Orleans.
- Expansive yard area suitable for parking, storage, or future development.
Executive Summary
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, 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 space with well-appointed office areas and additional storage. The expansive yard provides ample parking and room for future expansion or outdoor operational needs. Its proximity to major thoroughfares, including I-10 and Earhart Boulevard, ensures excellent connectivity to downtown New Orleans, the Superdome, and surrounding neighborhoods.
This property is well-suited for investors or owner-users seeking a versatile asset in a dynamic urban market. With its combination of indoor and outdoor space, adaptable layout, and strategic location, it offers both immediate functionality and long-term growth potential.
Formerly a warehouse, the building has been converted into a modern commercial space with well-appointed office areas and additional storage. The expansive yard provides ample parking and room for future expansion or outdoor operational needs. Its proximity to major thoroughfares, including I-10 and Earhart Boulevard, ensures excellent connectivity to downtown New Orleans, the Superdome, and surrounding neighborhoods.
This property is well-suited for investors or owner-users seeking a versatile asset in a dynamic urban market. With its combination of indoor and outdoor space, adaptable layout, and strategic location, it offers both immediate functionality and long-term growth potential.
Property Facts
| Price | $1,689,023 CAD | Lot Size | 0.48 AC |
| Price Per SF | $178.04 CAD | Rentable Building Area | 9,487 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Parking Ratio | 0.74/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-1 | ||
| Price | $1,689,023 CAD |
| Price Per SF | $178.04 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.48 AC |
| Rentable Building Area | 9,487 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 0.74/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-1 |
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Walk Score®
Very Walkable (80)
Bike Score®
Very Bikeable (80)
Property Taxes
| Parcel Numbers | Improvements Assessment | $26,833 CAD | |
| Land Assessment | $28,884 CAD | Total Assessment | $55,717 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$28,884 CAD
Improvements Assessment
$26,833 CAD
Total Assessment
$55,717 CAD
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