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Property profile & analytics
OFF-MARKET
Office buildings

209 Broad St New Orleans, LA 70119-5507

4,160 SF 0.13 ac lot Built 1960
Entity Owned 2-yr Hold Free & Clear
Property ID
US36-0714714
Property summary
AI-generated overview

This exceptional two-story, 4,160 square foot office building presents a unique investment or leasing opportunity in New Orleans' vibrant Mid-City neighborhood. Located at 209 N. Broad Street, this property boasts high visibility across from Whole Foods Market and is surrounded by a mix of local and national businesses. The building features two suites, with a minimum divisible space of 2,100 square feet and a maximum contiguous space of 4,160 square feet. The ground floor is currently available for lease, while the second-floor tenant is on a month-to-month lease, offering flexibility for potential buyers or lessees. The entire building is also available for sale. Tenants and buyers will benefit from the convenient location between downtown New Orleans and City Park, just two blocks from the streetcar line. The property includes a 5,568 square foot lot and offers 10 off-street parking spaces in the rear. The building is zoned HU-MU in Orleans Parish, Louisiana, and offers a compelling opportunity for businesses seeking a prominent location in a thriving area. This mixed-use property is ideal for a variety of businesses seeking high visibility and convenient access to major thoroughfares and public transportation. The building's size and layout provide flexibility for various business needs.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1960
Total area 4,160 SF
Lot 0.13 ac (5,568 SF)
APN 206204235
UPID US36-0714714
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Empowerment Behavioral Services Foster Care Service Social Service Agency
  • The General Insurance Agency
  • Crescent School Gaming and Bartending Vocational School Training Center
  • HireQuest Direct of New Orleans Employment Agency
  • A Priority One Rent-A-Car Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Janila LLC · 2 yrs held
Janila LLC
since 2024
3 recorded transactions
2024
Price N/A
2024
$200,000
2005
$40,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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