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Two-Tenant Retail Building
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1048 N Broad / 2658-62 Ursulines Ave, New Orleans, LA 70119

Existing retail improvements are occupied by two tenants under month-to-month arrangements.

Property Size1,950 SF
Lot Size0.07 Acres
Days on Market143

Property Features for 1048 N Broad / 2658-62 Ursulines Ave

General Information

Standard status Active
Size 1,950 SF
Lot size 0.07 Acres
Property subtype Retail
Net Operating Income $10,150

Additional Details

Gross Income $24,000

Building Details

Tenancy Multi
Listing Agency: Corporate Realty
Listed By: Hayden Wren · License #LA BROK.0000000788.A-ASA
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 11:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Corporate Realty

Investment Insights

Based on property information with market context.

This retail property includes approximately 1,950 square feet of gross building area on a 3,044-square-foot land parcel. The improvements are estimated to be approximately 100 years old and are currently occupied by two tenants with month-to-month arrangements.

The property is addressed at 1048 N. Broad / 2658-62 Ursulines Ave, New Orleans, LA 70119. Its two-tenant configuration and existing occupancy provide a defined retail property profile for evaluation.

Key Highlights

  • Approximately 1,950 SF of gross building area
  • Two existing tenants on month‑to‑month arrangements
  • Improvements estimated at approximately 100 years old

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Daycare Center Locksmith HVAC Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,784
Businesses Nearby
86k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 41% Shops & Services 27% Home Improvements & Furnishings 13% Dining 10%
Rouses Market Groceries
35,073 visits/mo 0.4 miles
Chevron Shops & Services
23,516 visits/mo 0.5 miles
Mary's Ace Hardware Home Improvements & Furnishings
11,405 visits/mo 0.3 miles
CC's Coffee House Dining
8,554 visits/mo 0.2 miles
Best Western Plus French Quarter Courtyard Hotel Hotels & Casinos
5,217 visits/mo 0.2 miles

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value

Market

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Existing retail improvements are occupied by two tenants under month-to-month arrangements.
Where is this retail space located?
The property is located at 1048 N Broad / 2658-62 Ursulines Ave New Orleans, LA.
What are key features of this property?
This property features: Approximately 1,950 SF of gross building area; Two existing tenants on month‑to‑month arrangements; Improvements estimated at approximately 100 years old
More about this property
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