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Mixed-Use Income Property
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501 Guzman St, Slidell, LA 70458

Four on-site units include residential rentals and a multipurpose space built out as a restaurant.

Property SizeContact for details
Days on Market123

Property Features for 501 Guzman St

General Information

Standard status Active
Property subtype Retail

Additional Details

Multifamily Units 3
Listing Agency: The Agency of M. Grass Group
Listed By: Matthew Grass · License #LA 23286
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:41PM

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 The Agency of M. Grass Group

Investment Insights

Based on property information with market context.

This property consists of four total units on one lot, including two double units, one one-bedroom unit, and a multipurpose space currently built out as a restaurant. The residential units are described as rented for $500 per unit, while no rent is provided for the commercial space itself.

The property is currently being used as mixed use, and the buyer is expected to seek approval with the city. A huge public parking lot is located across the street.

Please allow 24 to 48 hours’ notice to arrange showings. Contact the listing broker anytime to schedule a tour.

Key Highlights

  • 4 total units on one lot: 2 doubles, 1 bedroom, and a multipurpose space built out as a restaurant
  • Residential rents listed at $500 per residential unit
  • Commercial space is currently built out as a restaurant (no commercial rent provided)

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Storage Facility Pharmacy Parking Lot & Garage 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.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

997
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Conventional restaurant - Four on-site units include residential rentals and a multipurpose space built out as a restaurant.
Where is this conventional restaurant located?
The property is located at 501 Guzman St Slidell, LA.
What are key features of this property?
This property features: 4 total units on one lot: 2 doubles, 1 bedroom, and a multipurpose space built out as a restaurant; Residential rents listed at $500 per residential unit; Commercial space is currently built out as a restaurant (no commercial rent provided)
(504) 644-4127 Call to check price and availability
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