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Commercial Building on South Broad

1230 S Broad St, New Orleans, LA 70125

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For Sale

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9,487 SF commercial building on 21,120 SF lot.

Type:Mixed Use, Office, Retail

Property size:

9,487 SF

Lot size:

0.48 Acres

Price / SF:

$220/SF

HighLights

Prime location on South Broad Street, a well‑established commercial corridor in New Orleans.
Large 21,120 sq ft lot with significant frontage on South Broad Street.
Versatile C‑1 zoning allows for a wide variety of retail and commercial uses.
High‑traffic location with strong visibility and accessibility.
Approximately 9,487 sq ft one‑story building with well‑appointed office space and storage.
Ample parking and room for expansion due to significant yard space.

We can help!

Contact an agent

Pat Browne

For Sale

Contact for pricing

9,487 SF commercial building on 21,120 SF lot.

Type:Mixed Use, Office, Retail

Property size:

9,487 SF

Lot size:

0.48 Acres

Price / SF:

$220/SF

Added:: Mar 3, 2026
Days on Market:: 116
Last Refresh:: Mar 16 at 2:12 pm

Property Features for 1230 S Broad St

General Information

Standard status: Active
Size: 9,487 SF
Lot size: 0.48 Acres
Property subtype: Mixed Use, Office, Retail

We can help!

Contact an agent

Pat Browne

Listing office The McEnery Company

Listing date Mar 3, 2026

Source Crexi

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 The McEnery Company

HighLights

Prime location on South Broad Street, a well‑established commercial corridor in New Orleans.
Large 21,120 sq ft lot with significant frontage on South Broad Street.
Versatile C‑1 zoning allows for a wide variety of retail and commercial uses.
High‑traffic location with strong visibility and accessibility.
Approximately 9,487 sq ft one‑story building with well‑appointed office space and storage.
Ample parking and room for expansion due to significant yard space.

Overview

Located on South Broad Street, this commercial development presents an opportunity along one of New Orleans’ established commercial corridors. The one-story building, totaling approximately 9,487 square feet, is situated on a 21,120 square foot lot with frontage on South Broad Street. Zoned C-1 (General Commercial District), the site supports various retail and commercial uses and benefits from visibility and accessibility in a high-traffic location. Formerly a warehouse, the property has been transformed into a commercial building with office space, plus additional storage space. The yard space allows for ample parking and room for further expansion.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$216.3k	$22.80
− Vacancy	−$29.8k	−$3.15
EGI	$186.5k	$19.65
− OpEx	−$46.6k	−$4.91
NOI	$139.8k	$14.74

9,487 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$2.00M

$1.75M – $2.33M (±1% cap)

NOI $139,840 @ 7.0% cap · market cap 6.67%

Second Best

Mixed Use

$1.83M

$1.60M – $2.13M (±1% cap)

NOI $128,075 @ 7.0% cap · market cap 6.11%

Theoretical Best

Office A

$2.41M

$2.11M – $2.81M (±1% cap)

NOI $168,790 @ 7.0% cap · market cap 8.06%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Sweet Olive Barber Shop Sweet Olive Beauty ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: New Orleans
County: Jefferson
State: Louisiana
Longitude: -90.0969327
Latitude: 29.9535989

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For sale
Mixed-use properties
LA
New Orleans
70125
1230 S Broad St

What type of property is this?

Mixed-use property - 9,487 SF commercial building on 21,120 SF lot.

Where is this mixed-use property located?

The property is located at 1230 S Broad St New Orleans, LA.

What is the asking price?

The asking price for this property is $2,095,000.

What are key features of this property?

This property features: Prime location on South Broad Street, a well‑established commercial corridor in New Orleans.; Large 21,120 sq ft lot with significant frontage on South Broad Street.; Versatile C‑1 zoning allows for a wide variety of retail and commercial uses.