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Retail Space with Shared Deck
For Sale
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211 S Broad Street, New Orleans, LA 70119

C2-zoned space has an open central area, a separate private section, and a bathroom.

Property Size750 SF
Price / SF$1.67
Days on Market348

Property Features for 211 S Broad Street

General Information

Standard status Active
Size 750 SF
Total Parking Spaces 1
Property subtype Commercial
Zoning C2

Site & Location

Neighborhood Mid-City

Amenities

deck

Building Details

Building Size 750 SF
Year Built 2008
Stories 1
Listing Agency: John Anthony Realty LLC
Listed By: Ian Cockburn · License #02113994
Source: Cypresskeyrealty
Added: Nov 10, 2025 Changed: Oct 23 Last Checked: Oct 23 at 4:16PM

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 John Anthony Realty LLC

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 750-square-foot retail space, built in 2008, has a foyer and waiting area leading to a large open central room, with a more private section and a bathroom. A shared 20-by-20-foot deck is available for tenant use, and the property includes one parking space. The listing identifies C2 zoning and describes the space as suitable for retail, office, and other uses.

The property is on S Broad Street in New Orleans, near the VA hospital, Trader Joe’s, and the Canal Streetcar line. The French Quarter is one mile away, and the listing describes Uptown as seconds away.

Key Highlights

  • 750 square feet of retail space
  • C2 zoning; described for retail, office, and other uses
  • Open central area, foyer and waiting area, private section, and bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,854
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,080 $237.1K
Cap Rate 7%
$169,343 $169.3K
Cap Rate 9%
$131,711 $131.7K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$17.3K $23.04/SF
− Vacancy
−$346 −$0.46/SF
EGI
$16.9K $22.58/SF
− OpEx
−$5.1K −$6.77/SF
NOI
$11.9K $15.81/SF
Area
ZIP 70119
Vacancy
2.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,080
Cap Rate 7%
$169,343
Cap Rate 9%
$131,711

Alternative Uses

Best Use
Retail
$169.3K
$148.2K – $197.6K (±1% cap)
NOI $11,854 @ 7.0% cap · market cap 948.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$196.3K
$171.7K – $229.0K (±1% cap)
NOI $13,738 @ 7.0% cap · market cap 1,099.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nursing Home Daycare Center 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.

Location Intelligence

Trade Area within ½ mile

3,069
Businesses Nearby
132k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Groceries 31% Shops & Services 23% Electronics 1%
Whole Foods Market Groceries
40,388 visits/mo 0.4 miles
McDonald's Dining
26,866 visits/mo 0.2 miles
Family Dollar Shops & Services
11,413 visits/mo 0.2 miles
Waffle House Dining
10,833 visits/mo 0.3 miles
Burger King Dining
10,737 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

Frequently Asked Questions

What type of property is this?
Retail space - C2-zoned space has an open central area, a separate private section, and a bathroom.
Where is this retail space located?
The property is located at 211 S Broad Street New Orleans, LA.
What are key features of this property?
This property features: 750 square feet of retail space; C2 zoning; described for retail, office, and other uses; Open central area, foyer and waiting area, private section, and bathroom
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