422 S BROAD Street, New Orleans, Louisiana, 70119

Listed by Urban Properties Real Estate,, Michael Bucher
$650,000
#2574149
418 & 422 S. Broad Street offers a unique opportunity for investors, developers, and owner-users. The offering includes an existing two-story building at 422 S. Broad and the adjoining vacant lot at 418 S. Broad, providing flexibility for immediate use, expansion, off-street parking, or future development.The first floor of 422 S. Broad was historically utilized as restaurant space, while the second floor was most recently occupied by an attorney’s office. The layout lends itself well to an owner-user looking to occupy a portion of the building while generating income from the remaining space. A restaurant operator could convert the second floor to residential use, while an attorney or other professional user could occupy the upper floor and lease the ground-floor commercial space.The property may also offer additional upside through the use of eligible State and Federal Historic Tax Credits. All measurements are approximate/not guaranteed and are to be verified by the Purchaser/Buyer. Zoning, intended use, and all other pertinent info to be verified by the Purchaser/Buyer.

PROPERTY FEATURES

  • Business Type : Commercial
  • Utilities : Natural Gas Not Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Parking Lot
  • Parking Total: 3
  • Current Use : Commercial, Office, Residential, Unimproved
  • Zoning : MU-1
PROPERTY DETAILS
ID: 2574149
Status: Active
Price: $650,000
Type: Other
Address: 422 S BROAD Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70119
Lat/Long: 29.962135, -90.089859
Presented By: Michael Bucher
Phone:
Email: Click to Contact