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Live-Work Space with Warehouse Shell
For Sale
$230,000

2831 New Orleans Street, New Orleans, LA 70119

Two-level MU-1 property combines commercial flexibility with unfinished residential space.

Property Size3,250 SF
Days on Market110

Property Features for 2831 New Orleans Street

General Information

Standard status Active
Size 3,250 SF
Total Parking Spaces 5
Property subtype Commercial
Zoning MU-1

Additional Details

Highway Access Yes

Building Details

Building Size 3,250 SF
Year Built 1954
Stories 2
Listing Agency: Marquis Real Estate LLC
Listed By: Christopher Genard
Source: Nolalivingrealty
Added: May 13 Changed: Aug 28 Last Checked: Aug 29 at 10:18AM

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 Marquis Real Estate LLC

Investment Insights

Based on property information with market context.

This 3,250-square-foot live-work property is arranged across two levels. The first floor is a warehouse-style commercial shell, while the upper floor contains unfinished residential space with three bedrooms and one bath. Flooring, paint, and remaining finishes provide a customizable interior configuration.

Located at 2831 New Orleans St in New Orleans, the property includes five off-street parking spaces and access to I-610. MU-1 zoning supports the property’s live-work format and its combination of commercial and residential areas.

Key Highlights

  • 3,250‑square‑foot live‑work property across two levels
  • First‑floor warehouse‑style shell for commercial use
  • Unfinished upper‑level residential area with three bedrooms and one bath

Property Analytics

Current Use

ABC Refrigeration Hardware & Home Improvement

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm (Bike/Boat/Book/etc) Store Acupuncture HVAC Service

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

648
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 Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Live-work space - Two-level MU-1 property combines commercial flexibility with unfinished residential space.
Where is this live-work space located?
The property is located at 2831 New Orleans Street New Orleans, LA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 3,250‑square‑foot live‑work property across two levels; First‑floor warehouse‑style shell for commercial use; Unfinished upper‑level residential area with three bedrooms and one bath
More about this property
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