Gutted Corner Retail
For Sale
$249,000
2334 Martin Luther King Jr Blvd, New Orleans, LA 70125
Corner retail building is gutted to the studs and zoned HU-MU for flexible permitted uses.
Property Size5,922 SF
Price / SF$42.05
Days on Market136
Property Features for 2334 Martin Luther King Jr Blvd
General Information
Standard status
Active
Size
5,922 SF
Zoning
HU-MU
Listing Agency:
United Real Estate Partners, LLC
(504) 432-3435
Listed By:
Michael Mito · License #0995701167
(504) 432-3435
Source:
Exprealty
Added: Apr 11
Changed: Aug 23
Last Checked: Aug 22 at 3:23PM
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 United Real Estate Partners, LLC
Investment Insights
Based on property information with market context.
This is a 5,922-square-foot commercial building that has been gutted to the studs, offering a clean redevelopment starting point. The property is positioned for a future retail use and includes the potential for additional development, with public remarks noting possible multi-family on top.
The asset occupies a high-visibility, high-traffic corner location along Martin Luther King Jr Blvd. Zoning is listed as HU-MU, which allows for many permitted uses.
Given the building’s current condition and zoning framework, the property is suited for buyers looking to reconfigure and reposition the structure for future operations under HU-MU permitted uses.
The asset occupies a high-visibility, high-traffic corner location along Martin Luther King Jr Blvd. Zoning is listed as HU-MU, which allows for many permitted uses.
Given the building’s current condition and zoning framework, the property is suited for buyers looking to reconfigure and reposition the structure for future operations under HU-MU permitted uses.
Key Highlights
- 5,922 SF commercial building is gutted to the studs and ready for redevelopment
- Corner retail location described as high‑traffic/high‑visibility
- Zoned HU‑MU, which allows for many permitted uses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,683
Businesses Nearby
77k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 50%
Dining 28%
Shops & Services 17%
Electronics 5%
The Home Depot
Home Improvements & Furnishings
38,323 visits/mo
0.3 miles
Shell
Shops & Services
10,064 visits/mo
0.4 miles
Church's Chicken
Dining
9,502 visits/mo
0.3 miles
Rally's
Dining
8,280 visits/mo
0.4 miles
Cricket Wireless Authorized Retailer
Electronics
3,685 visits/mo
0.3 miles
Demographics for 70125, LA
17,457
Population
7,972
Households
2.2
Avg Household Size
33
Median Age
46%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
7,590
Density / Sq Mi
$58,956
Median Household Income
$39,623
Median Earnings
$1,292
Median Rent
$428,600
Median Home Value
Market
Vacancy Rate% for Retail in New Orleans, LA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Corner retail building is gutted to the studs and zoned HU-MU for flexible permitted uses.
Where is this retail space located?
The property is located at 2334 Martin Luther King Jr Blvd New Orleans, LA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 5,922 SF commercial building is gutted to the studs and ready for redevelopment; Corner retail location described as high‑traffic/high‑visibility; Zoned HU‑MU, which allows for many permitted uses
