Mixed-Use Property with
For Sale
$825,000
2236/2238 1ST Street, Slidell, LA 70458
Commercial, Slidell, LA
Property Size4,493 SF
Lot Size0.33 Acres
Price / SF$183.62
Days on Market225
Property Features for 2236/2238 1ST Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
com
Parking features
Off Street
Subdivision
Olde Town
Lot features
Oversized
Standard status
Active
APN
91610
Size
4,493 SF
Lot size
0.33 Acres
Utilities
Water source
Public
Amenities
balcony
covered porch
workshop
ornamental iron gates
privacy fencing
Building Details
Year built
1980
Listing Agency:
Keller Williams Realty Services
(985) 727-7000
Listed By:
Todd Pichon
(985) 710-1018
Added: Mar 16
Changed: Oct 19
Last Checked: Oct 26 at 2:06AM
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.
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Investment Insights
Based on property information with market context.
This mixed-use property combines commercial space on the ground level with residential living above, offering a live-work configuration within 4,493 square feet of combined commercial and living area. The 5,453-square-foot property includes an open-concept upper level, a 16' x 30' second-story balcony, and a matching 16' x 30' covered porch. A 28' x 20' workshop is equipped with electricity and air conditioning. Ornamental iron gates and privacy fencing secure the site, while off-street parking accommodates up to 20 vehicles on the 1/3-acre parcel.
Located at 2236/2238 1ST Street in Slidell's Olde Towne district, the property sits directly on the parade route and is within the walkable community setting described in the listing. Public water service is available, and the property carries com zoning.
Located at 2236/2238 1ST Street in Slidell's Olde Towne district, the property sits directly on the parade route and is within the walkable community setting described in the listing. Public water service is available, and the property carries com zoning.
Key Highlights
- 4,493 SF of combined commercial space and living area within a 5,453‑square‑foot property
- Ground‑level commercial space with residential living above
- 16' x 30' second‑story balcony and matching 16' x 30' covered porch
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,983
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,019,660
$1.0M
Cap Rate 7%
$728,329
$728.3K
Cap Rate 9%
$566,478
$566.5K
Market Conditions
NOI Build-Up for 4,493 SF
Gross rent
$87.9K $19.56/SF
− Vacancy
−$19.9K −$4.43/SF
EGI
$68.0K $15.13/SF
− OpEx
−$17.0K −$3.78/SF
NOI
$51.0K $11.35/SF
Area
St. Tammany County, LA
Vacancy
22.65%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,019,660
Cap Rate 7%
$728,329
Cap Rate 9%
$566,478
Alternative Uses
Best Use
Office B
$728.3K
$637.3K – $849.7K
NOI $50,983 @ 7.0% cap · market cap 6.18%
Second Best
Mixed Use
$664.3K
$581.3K – $775.1K
NOI $46,503 @ 7.0% cap · market cap 5.64%
Theoretical Best
Multifamily LT 5
$48.44M
$42.38M – $56.51M
NOI $3,390,454 @ 7.0% cap · market cap 410.96%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
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Business Placement
Demographics for 70458, LA
37,798
Population
17,026
Households
2.2
Avg Household Size
42
Median Age
31%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,809
Density / Sq Mi
$69,816
Median Household Income
$44,368
Median Earnings
$1,400
Median Rent
$227,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space pairs with upper-level living, outdoor gathering areas, and secured off-street parking.
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 $825,000.
What are key features of this property?
This property features: 4,493 SF of combined commercial space and living area within a 5,453‑square‑foot property; Ground‑level commercial space with residential living above; 16' x 30' second‑story balcony and matching 16' x 30' covered porch
