320 S BROAD ST

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320 S BROAD ST

NEW ORLEANS, LA 70119-6416
Asking Price
$400K
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use property available for sale in New Orleans.
  • Features a functional second-generation restaurant layout.
  • Located at 320 S Broad St, zip code 70119.
  • Asking price for the commercial asset is 400000 dollars.

What's Special

Operators seeking a second-generation restaurant space in New Orleans will find this mixed-use asset at 320 S Broad St a functional option. The property provides a foundation for culinary ventures looking to establish a presence within this central corridor of the city. Given its designation as mixed-use, the site offers flexibility for business owners interested in combining operational space with potential residential or office components. New Orleans continues to maintain a unique commercial landscape, drawing steady interest from investors and tenants who value proximity to the city's established neighborhoods. The location benefits from the distinct urban density of the 70119 zip code, providing visibility and accessibility for local traffic. Whether utilized as a turn-key dining establishment or repositioned for diverse commercial applications, this property represents a straightforward acquisition for those looking to expand their portfolio in a primary southern market.

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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