Mixed-Use Property with
For Sale
$825,000
2236/2238 1ST Street, Slidell, LA 70458
Commercial Sale, Slidell, LA
Property Size4,493 SF
Lot Size0.33 Acres
Price / SF$183.62
Days on Market224
Property Features for 2236/2238 1ST Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
com
Parking
3
Parking features
Off Street
Standard status
Active
APN
91610
Size
4,493 SF
Lot size
0.33 Acres
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Amenities
ornamental iron gates
privacy fencing
workshop with electricity and air conditioning
second story balcony
covered porch
Building Details
Year built
1980
Building materials
Brick, Wood Siding
Buildings
1
Listing Agency:
Keller Williams Realty Serv.
(985) 727-7000
Listed By:
Todd W Pichon · License #995701142
(985) 710-1018
Added: Mar 16
Changed: Oct 23
Last Checked: Oct 25 at 11:06PM
MLS# 2547848
Copyright © 2026 ROAM MLS. 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 building pairs ground-level commercial space with residential living above. The property contains 5,453 total square feet, including 4,493 square feet of combined commercial and living area, on a 1/3-acre parcel. A 28-by-20-foot workshop has electricity and air conditioning. Outdoor features include a 16-by-30-foot second-floor balcony and a covered porch of the same dimensions. Ornamental iron gates and privacy fencing enclose the property.
Located on 1st Street in Olde Towne Slidell, the property sits on a parade route. Off-street parking accommodates up to 20 vehicles. Zoning is listed as com; public water and sewer are available, as is natural gas.
Located on 1st Street in Olde Towne Slidell, the property sits on a parade route. Off-street parking accommodates up to 20 vehicles. Zoning is listed as com; public water and sewer are available, as is natural gas.
Key Highlights
- 5,453 total square feet, including 4,493 square feet of combined commercial and living area
- 1/3‑acre parcel with off‑street parking for up to 20 vehicles
- 28' x 20' workshop with electricity and air conditioning
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 sits below residential living areas, with off-street parking for up to 20 vehicles.
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: 5,453 total square feet, including 4,493 square feet of combined commercial and living area; 1/3‑acre parcel with off‑street parking for up to 20 vehicles; 28' x 20' workshop with electricity and air conditioning
