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Corner Restaurant or Office Space
For Lease
$2,750/Mo

424 S Broad St, New Orleans, LA 70119

Corner space with existing kitchen, dining area, two restrooms, and dedicated parking for convenient customer access.

Space SizeContact for details
Property Size2,322 SF
Days on Market89

Property Features for 424 S Broad St

General Information

Standard status Active
Size 2,322 SF
Zoning MU-1
Listing Agency: Keller Williams Realty New Orleans
Listed By: Stephanie Woodside · License #099563915
Source: Exprealty
Added: May 8 Changed: Jul 10 Last Checked: Jul 31 at 11:49AM

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 Keller Williams Realty New Orleans

Investment Insights

Based on property information with market context.

This corner commercial space is designed with existing restaurant infrastructure, including kitchen facilities, dining areas, and two restrooms. Large windows provide natural light while creating strong street presence, making the interior easy to showcase to passersby. The property also includes a dedicated parking lot, which supports day-to-day operations for both customers and staff.

The location sits at a highly visible corner of S. Broad Street, directly across from the courthouse in a busy Mid-City corridor. The property is zoned MU-1, supporting a wide range of commercial uses. The surrounding area offers proximity to downtown, the interstate, public transportation, restaurants, shopping, and nearby neighborhoods, which can help streamline access for employees and patrons.

With its in-place kitchen and dining layout, the space is well suited for restaurateurs or operators seeking a turnkey foundation for food service. The MU-1 zoning also provides flexibility for other commercial and creative concepts, including professional offices and retail, provided the tenant’s use aligns with zoning requirements. If you’re looking for a highly visible corner location with dedicated parking and functional interior improvements, this is a strong match for businesses ready to occupy a complete street-facing setup.

Key Highlights

  • Highly visible corner commercial space on S. Broad Street, directly across from the courthouse
  • Zoned MU‑1 with versatile options for restaurant, professional office, retail, or creative workspace use
  • Existing restaurant infrastructure includes kitchen facilities and dining area

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Butcher Carpet & Flooring Store Veterinary Clinic

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

NNN (Triple Net)
Lease Type
$2.13 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,104
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for New Orleans, LA

$21 /SF/Yr
Avg Asking Price
$6.84–$54.5 /SF/Yr
Price Range
3,296 SF
Avg Space Size

This space is priced 32% below the average of $21 /SF/Yr.

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner space with existing kitchen, dining area, two restrooms, and dedicated parking for convenient customer access.
Where is this conventional restaurant located?
The property is located at 424 S Broad St New Orleans, LA.
What is the lease rate?
The lease rate is $2,750 /Mo.
What are key features of this property?
This property features: Highly visible corner commercial space on S. Broad Street, directly across from the courthouse; Zoned MU‑1 with versatile options for restaurant, professional office, retail, or creative workspace use; Existing restaurant infrastructure includes kitchen facilities and dining area
More about this property
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