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2616 S Broad St

Central City, New Orleans, LA
Floors
2
Total Size
5,649 sqft
Zoning
C-1
Year Constructed
0
Year Renovated
0
Building Class

About 2616 S Broad St

The C-1 zoning, property size, lot size and location allow for many possibilities. The S. Broad and Washington area is blooming with new office, retail and service businesses. Building has potential for 2 units on lower and 3 on 2nd floor. Or single-tenant. The property includes land for off-street parking or new contruction (about 4,400 SF). The location offers easy access from a large area.

Could be commercial below and apartments above. Or retail below and offices above. Potential uses include restaurant, coffee house, bar/tavern, general retail, medical offices, personal services, offices.

Over 100,000 people live within a 2-mile radius. Median HH income of $32,000+. - Number of buildings: 1 - Building condition: Average - Tenancy: Multiple Tenants

Internet Providers for 2616 S Broad St

Provider Technology Max Download Speed Max Upload Speed
Cox Communications Cable
1 Gb/s
25 Mb/s
AT&T Louisiana DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Central City

On average, listings lease in the $20's per square foot per year. The Central City submarket is going through a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 18% increase in rent.

Compared to the rest of the Greater New Orleans Region market, the Central City submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Median Rate Median Size
Central City $30
/sqft/yr
1,970
sqft
Median Rate Median Size
Greater New Orleans Region $24
/sqft/yr
2,140
sqft

Median Rate over Time in Central City