Historic Mixed-Use Landmark in
2236/2238 1ST Street Slidell, LA 70458
For Sale
$849,999
COMMERCIAL - Slidell, LA
Property Size4,493 SF
Lot Size0.33 Acres
Price / SF$189.18
Days on Market133
Property Features for 2236/2238 1ST Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- com
- Parking features
- Off Street
- Standard status
- Active
- APN
- 91610
- Size
- 4,493 SF
- Lot size
- 0.33 Acres
Utilities
- Water source
- Public
Building Details
- Year built
- 1980
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Todd Pichon · License #995701142
(985) 727-7000
Added: Mar 16
Changed: Apr 27
Last Checked: Jul 26 at 10:06PM
MLS# 2547848
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 historic mixed-use property, built in 1905, is located in the heart of Olde Towne Slidell. The property offers a blend of historic character and modern functionality, suitable for a live-work lifestyle or investment. Situated directly on the parade route, it provides views of community celebrations from a 16' x 30' second-story balcony. A matching 16' x 30' covered porch below offers space for gatherings. The property spans 4,493 square feet of combined commercial space and living area, with commercial space on the ground level and residential living above. It is located on a 1/3-acre parcel and includes the largest parking lot in Olde Towne, accommodating up to 20 vehicles. The upstairs features an open-concept living area suitable for entertaining or hosting events. Additional features include a 28' x 20' workshop with electricity and air conditioning, suitable for storage, creative space, or operational use. The property is secured with ornamental iron gates and privacy fencing. The property offers potential as a business location, event venue, investment property, or private live-work estate.
Key Highlights
- Historic landmark built in 1905 in the heart of Olde Towne Slidell, offering a unique blend of character and modern functionality.
- Mixed‑use property with 4,493 sq ft of combined commercial and living space, ideal for live‑work lifestyle or investment.
- Largest parking lot in Olde Towne, accommodating up to 20 vehicles.
Financial Insights For Office B
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 | $87.9k | $19.56 |
| − Vacancy | −$19.9k | −$4.43 |
| EGI | $68.0k | $15.13 |
| − OpEx | −$17.0k | −$3.78 |
| NOI | $51.0k | $11.35 |
4,493 SF · lease $19.56/SF/yr · vacancy 22.65% · expense 25.00%
Alternative Uses
Best Use
Office B
$728.3K
$637.3K – $849.7K
NOI $50,983 @ 7.0% cap · market cap 6.00%
Second Best
Mixed Use
$664.3K
$581.3K – $775.1K
NOI $46,503 @ 7.0% cap · market cap 5.47%
Theoretical Best
Multifamily LT 5
$48.44M
$42.38M – $56.51M
NOI $3,390,454 @ 7.0% cap · market cap 398.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Olde Towne Slidell with commercial and living space.
Where is this mixed-use property located?
The property is located at 2236/2238 1ST Street Slidell, LA.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Historic landmark built in 1905 in the heart of Olde Towne Slidell, offering a unique blend of character and modern functionality.; Mixed‑use property with 4,493 sq ft of combined commercial and living space, ideal for live‑work lifestyle or investment.; Largest parking lot in Olde Towne, accommodating up to 20 vehicles.
