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Assumable Debt - 10 Unit Retail/Office Investment Property

10-unit retail/office center with assumable financing

Listing Contacts

Active

Asking Price: $3,000,000
Address 

S Broad St, New Orleans, LA 70125

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Date Added
Jan 29, 2025
Days on Market
45 days
Time Since Last Update
17 days

Details

Property TypeMixed Use, Office, Retail
SubtypeShopping Center, Traditional Office
Square Footage14,583
Cap Rate7.02%
Occupancy70%
Units10
Stories2
ZoningC1

Marketing Description

ASSUMABLE FINANCING - reach out for more details.​ Located near the corner of Broad and Washington, the Broad Street Portfolio is a remarkable retail/office investment property.​ This ten-unit property presents an exceptional investment opportunity, boasting a prime location at one of the busiest intersections in the city.​

 

The ample parking available at 2701-27 Broad Street is a notable advantage, as it caters to the needs of both tenants and customers.​ This provision of convenient parking contributes to the property's appeal and enhances its accessibility, encouraging a steady flow of visitors to the establishment.​

 

Positioned at one of the busiest intersections in New Orleans, this property benefits from high foot and vehicular traffic.​ The strategic location maximizes exposure for tenants, increasing their visibility and potential customer base.​ Properties can also be purchased separately or together as a package.​

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