Multi-Tenant Retail
For Sale
$1,495,000
7118 Downman Rd, New Orleans, LA 70126
Multi-tenant retail center includes multiple suites and a freestanding restaurant building with commercial kitchen infrastructure.
Property Size13,273 SF
Lot Size1.00 Acre
Price / SF$112.63
Days on Market169
Property Features for 7118 Downman Rd
General Information
Standard status
Active
Size
13,273 SF
Lot size
1.00 Acre
Zoning
C-1
Additional Details
Business Included
Yes
Building Details
Tenancy
Multi
Listing Agency:
Talbot Realty Group
(504) 525-9763
Listed By:
Christopher Talbot · License #000075986
(504) 319-1452
Source:
Exprealty
Added: Mar 20
Changed: Aug 20
Last Checked: Sep 4 at 8:38AM
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 Talbot Realty Group
Investment Insights
Based on property information with market context.
Value-add multi-tenant retail center with a freestanding restaurant building on approximately one acre along Downman Road. The property includes approximately 13,273 SF across two buildings with multiple suites and ample paved parking.
The center is positioned along a four-lane commercial corridor with strong frontage and visibility. C-1 General Commercial zoning supports flexible use, and the existing restaurant space includes commercial kitchen infrastructure.
Suitable for a range of retail-oriented and service uses, the layout provides multiple suite configurations within two buildings and a dedicated freestanding restaurant component.
The center is positioned along a four-lane commercial corridor with strong frontage and visibility. C-1 General Commercial zoning supports flexible use, and the existing restaurant space includes commercial kitchen infrastructure.
Suitable for a range of retail-oriented and service uses, the layout provides multiple suite configurations within two buildings and a dedicated freestanding restaurant component.
Key Highlights
- Value‑add multi‑tenant retail center on approximately 1.00 acre along Downman Road
- Approximately 13,273 SF across two buildings with multiple suites plus a freestanding restaurant building
- Existing restaurant space includes commercial kitchen infrastructure
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
U-Haul Neighborhood Dealer
Shops & Services
1,127 visits/mo
0.1 miles
The UPS Store
Shops & Services
1,116 visits/mo
0.1 miles
Demographics for 70126, LA
30,397
Population
12,686
Households
2.4
Avg Household Size
33
Median Age
24%
College-Educated
87%
High-School Grad
12.1 sq mi
ZIP Area
2,512
Density / Sq Mi
$38,229
Median Household Income
$29,510
Median Earnings
$1,118
Median Rent
$187,300
Median Home Value
Market
Vacancy Rate% for Retail in New Orleans, LA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail center includes multiple suites and a freestanding restaurant building with commercial kitchen infrastructure.
Where is this shopping center located?
The property is located at 7118 Downman Rd New Orleans, LA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Value‑add multi‑tenant retail center on approximately 1.00 acre along Downman Road; Approximately 13,273 SF across two buildings with multiple suites plus a freestanding restaurant building; Existing restaurant space includes commercial kitchen infrastructure
