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2-Unit Retail Building
For Sale
Contact for pricing
Pending

706 Phosphor Ave, Metairie, LA 70005

Occupied commercial property with off-street parking, a new roof, and two established business occupants.

Property SizeContact for details
Days on Market144

Property Features for 706 Phosphor Ave

General Information

Standard status Pending
Property subtype Retail
Occupancy 100%

Amenities

Off-street Parking

Building Details

Buildings 1
Tenancy Multi
Listing Agency: NAIRampart
Listed By: Betty Pei Ching Sun · License #LA 0995680489
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 2:51AM

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 NAIRampart

Investment Insights

Based on property information with market context.

Located at 706 Phosphor Ave in Metairie, this two-unit retail property is fully occupied and includes off-street parking. The current occupants are a cryo day spa and a karate studio, providing distinct commercial uses within the building.

The property has a new roof and is situated in an X flood zone. Both occupants are currently on month-to-month arrangements and are amenable to longer-term leases, offering flexibility for future lease structuring. The existing configuration also supports continued operation by the current businesses or potential owner-user consideration.

Key Highlights

  • Two‑unit commercial building at 706 Phosphor Ave, Metairie, LA 70005
  • Fully occupied by a cryo day spa and a long‑term karate studio
  • Off‑street parking included

Property Analytics

Current Use

Louisiana Karate Association ... Training Center Nola Cryo LLC Alternative Medicine Practice Rum Productions Inc Film Production

Suggested Use

Top Pick Barber Shop Parking Lot & Garage Daycare Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance 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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby

Demographics for 70005, LA

25,431
Population
12,447
Households
2
Avg Household Size
45
Median Age
50%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
6,055
Density / Sq Mi
$86,048
Median Household Income
$53,258
Median Earnings
$1,160
Median Rent
$381,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Occupied commercial property with off-street parking, a new roof, and two established business occupants.
Where is this retail space located?
The property is located at 706 Phosphor Ave Metairie, LA.
What are key features of this property?
This property features: Two‑unit commercial building at 706 Phosphor Ave, Metairie, LA 70005; Fully occupied by a cryo day spa and a long‑term karate studio; Off‑street parking included
More about this property
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