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Mixed-Use Building with Retail
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2508-2510 Tulane Ave, New Orleans, LA 70119

Two-level property combines ground-floor retail with multifamily space above in an MU-2 High Intensity Mixed-Use District.

Property Size4,576 SF
Price / SF$98.34
Days on Market9

Property Features for 2508-2510 Tulane Ave

General Information

Standard status Active
Size 4,576 SF
Property subtype RETAIL
Zoning MU-2 High Intensity Mixed-Use District

Additional Details

Cap Rate 7.99%

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Property One, Inc.
Listed By: Mike D'Amico · License #000072272
Source: Moodyscre
Added: Aug 14 Changed: Aug 17 Last Checked: Aug 21 at 3:06PM

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 Property One, Inc.

Investment Insights

Based on property information with market context.

This 4,576-square-foot mixed-use building places retail space on the ground level and multifamily accommodation on the second floor. The property is zoned MU-2 High Intensity Mixed-Use District, supporting its combined commercial and residential configuration.

The building is located at 2508-2510 Tulane Ave in New Orleans, across from a new Trader Joe's facility and within an area that includes the Department of Veteran of Affairs Medical Center. A vacant lot behind the building may also be available for purchase, creating an additional acquisition option tied to the property.

Key Highlights

  • 4,576‑square‑foot mixed‑use building
  • Ground‑floor retail with multifamily space on the second floor
  • 7.99 percent cap rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Pet Grooming Service Veterinary Clinic Carpet & Flooring Store Locksmith

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,235
Businesses Nearby

Demographics for 70119, LA

38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
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 - Two-level property combines ground-floor retail with multifamily space above in an MU-2 High Intensity Mixed-Use District.
Where is this mixed-use property located?
The property is located at 2508-2510 Tulane Ave New Orleans, 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: 4,576‑square‑foot mixed‑use building; Ground‑floor retail with multifamily space on the second floor; 7.99 percent cap rate
(985) 807-4120 Call to check price and availability
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