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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
Days on Market107

Property Features for 424 S Broad St

General Information

Standard status Active
Zoning MU-1
Listing Agency: Keller Williams Realty New Orleans
Listed By: Stephanie Woodside · License #099563915
Source: Exprealty
Added: May 8 Changed: Aug 21 Last Checked: Aug 22 at 12:56PM

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
91k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 34% Electronics 2% Home Improvements & Furnishings 1%
McDonald's Dining
26,866 visits/mo 0.4 miles
Family Dollar Shops & Services
11,413 visits/mo 0.3 miles
Waffle House Dining
10,833 visits/mo 0.3 miles
Burger King Dining
10,737 visits/mo 0.4 miles
Dollar General Shops & Services
9,173 visits/mo 0.5 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
Questions? Ask Rey
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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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