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Mixed-Use Property with Storefront
For Sale
$450,000

224 SEVERN Avenue, Metairie, LA 70001

Leased storefront, three vacant one-bedroom apartments, and unfinished lower-level storage create a mixed-use configuration.

Property Size5,940 SF
Price / SF$75.76
Days on Market303

Property Features for 224 SEVERN Avenue

General Information

Standard status Active
Size 5,940 SF
Property subtype General Commercial

Amenities

C2
Parking.
Lot.
Rectangular
60 x 150
Rectangular.

Building Details

Year Built 1973
Listing Agency: NOLA Property Managers & Sales
Listed By: Kel Kopecky
Source: Xome
Added: Nov 2, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NOLA Property Managers & Sales

Investment Insights

Based on property information with market context.

This mixed-use property contains a storefront at the front and three one-bedroom apartments positioned behind it. The storefront is occupied by a long-term tenant, while all three apartments are vacant and require repairs. An unfinished storage area extends below the apartment portion, adding substantial secondary space to the layout.

The property includes 5,940 square feet on a rectangular 60 x 150 lot with parking. Built in 1973, it is located in Metairie, Louisiana, and the source information identifies C2. The combination of an operating storefront, residential units, and unfinished storage provides a clearly defined mixed-use arrangement.

Key Highlights

  • Front storefront leased to a long‑term tenant
  • Three one‑bedroom apartments, all currently vacant
  • Apartments require repairs

Property Analytics

Current Use

Laura's Candies Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Daycare Center Barber Shop Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,015
Businesses Nearby

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

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Leased storefront, three vacant one-bedroom apartments, and unfinished lower-level storage create a mixed-use configuration.
Where is this mixed-use property located?
The property is located at 224 SEVERN Avenue Metairie, LA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Front storefront leased to a long‑term tenant; Three one‑bedroom apartments, all currently vacant; Apartments require repairs
More about this property
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