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$ 1,650,000
Est. payment /mo
New
8538 SPRUCE ST New Orleans, LA 70118
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2553619
HOA Y/N No
Year Built 1920
Property Description
Exceptional opportunity to acquire a high-performing mixed-use commercial asset located at 8538 Spruce Street in New Orleans. This two-story brick building offers a flexible layout that supports multiple revenue streams and long-term value potential.
The property features an expansive commercial footprint capable of accommodating flagship operations, small-box concepts, or multi-tenant income strategies, along with additional commercial or residential space.
The residential component includes three units, with two units located on the second floor and one unit on the first floor, creating strong income-producing potential and added flexibility for various occupancy strategies.
A fully functional attic space provides additional usable area, offering further flexibility for storage, workspace, or potential expansion (buyer to verify use).
The adaptable configuration is positioned for a variety of high-value commercial uses including medical or dental offices, financial institutions, governmental or administrative offices, wellness or fitness facilities, boutique hospitality concepts (including hotel or lodging, subject to approvals), restaurant or catering operations, retail or market concepts, reception or event space, creative studio use, educational or training facilities, and specialty service providers such as animal care or pet services.
With multiple income opportunities, flexible use options, and strong upside potential, this property presents a compelling investment in a well-established New Orleans location. Property is being sold as-is. Buyer to verify all use and compliance requirements. Please schedule appointment 72 hours in advance.
The property features an expansive commercial footprint capable of accommodating flagship operations, small-box concepts, or multi-tenant income strategies, along with additional commercial or residential space.
The residential component includes three units, with two units located on the second floor and one unit on the first floor, creating strong income-producing potential and added flexibility for various occupancy strategies.
A fully functional attic space provides additional usable area, offering further flexibility for storage, workspace, or potential expansion (buyer to verify use).
The adaptable configuration is positioned for a variety of high-value commercial uses including medical or dental offices, financial institutions, governmental or administrative offices, wellness or fitness facilities, boutique hospitality concepts (including hotel or lodging, subject to approvals), restaurant or catering operations, retail or market concepts, reception or event space, creative studio use, educational or training facilities, and specialty service providers such as animal care or pet services.
With multiple income opportunities, flexible use options, and strong upside potential, this property presents a compelling investment in a well-established New Orleans location. Property is being sold as-is. Buyer to verify all use and compliance requirements. Please schedule appointment 72 hours in advance.
Location
State LA
County Orleans
Zoning HU-B1A
Interior
Fireplace No
Exterior
Parking Features None, Off Street
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description Corner Lot, City Lot, Rectangular Lot
Dwelling Type Mixed Use,Office
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Living Quarters
Others
Tax ID 716302513
Special Listing Condition None
Listed by Keller Williams Realty Services
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