Metairie Mixed-Use
For Sale
$270,000
2209 ATHANIA Parkway, Metairie, LA 70001
COMMERCIAL - Metairie, LA
Property Size1,682 SF
Price / SF$160.52
Days on Market202
Property Features for 2209 ATHANIA Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
BC2
Parking features
Garage
Lot features
Regular
Standard status
Active
APN
0820020324
Size
1,682 SF
Taxes and HOA fees
Tax Description
LOT 125 SQ 14 ATHANIA ADD #2 10026782 10555031
Legal Description
LOT 125 SQ 14 ATHANIA ADD #2 10026782 10555031
Utilities
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Listing Agency:
NOLA Real Estate 4-U, LLC
(504) 304-9597
Listed By:
Sandra Bondi
(504) 304-9597
Added: Jan 9
Changed: Apr 27
Last Checked: Jul 30 at 2:06PM
MLS# 2537308
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property, located in the heart of Metairie, is a mid-century home featuring original oak floors. Constructed with a double slab, the all-brick building did not flood during Katrina. Zoned BC2 (Business Core District), the property allows for a variety of business uses such as retail, offices, and services, as well as residential use. The property is suitable for a small business or for living and working from home. The building has an attached garage. The property contains 1,682 square feet.
Key Highlights
- Zoned BC2 allowing for residential or commercial use.
- Solid, well‑maintained, all‑brick 3‑bedroom, 2‑bath home with attached garage.
- Original oak floors and solid construction.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.7k | $18.84 |
| − Vacancy | −$1.6k | −$0.94 |
| EGI | $30.1k | $17.90 |
| − OpEx | −$9.0k | −$5.37 |
| NOI | $21.1k | $12.53 |
1,682 SF · lease $18.84/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$301.0K
$263.4K – $351.2K
NOI $21,073 @ 7.0% cap · market cap 7.80%
Second Best
Mixed Use
$291.9K
$255.5K – $340.6K
NOI $20,436 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$393.9K
$344.7K – $459.5K
NOI $27,572 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,961
Businesses Nearby
Explore this area
Business Placement
Demographics for 70001, LA
40,068
Population
19,103
Households
2.1
Avg Household Size
39
Median Age
37%
College-Educated
93%
High-School Grad
6.5 sq mi
ZIP Area
6,164
Density / Sq Mi
$70,187
Median Household Income
$43,662
Median Earnings
$1,145
Median Rent
$313,300
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Jefferson County, LA
Properties on Market for Mixed-use properties in Jefferson County
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mid-century home zoned for business or residential use.
Where is this mixed-use property located?
The property is located at 2209 ATHANIA Parkway Metairie, LA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Zoned BC2 allowing for residential or commercial use.; Solid, well‑maintained, all‑brick 3‑bedroom, 2‑bath home with attached garage.; Original oak floors and solid construction.
