Mixed-Use Property with
For Sale
Contact for pricing
724 Papworth Ave, Metairie, LA 70005
Income-producing property combining office suites, residential units, storage, and shared laundry improvements.
Property SizeContact for details
Days on Market143
Property Features for 724 Papworth Ave
General Information
Standard status
Active
Total Parking Spaces
7
Property subtype
Mixed Use
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Owner Occupied
Yes
Listing Agency:
Elifin Realty - New Orleans, LA
(800) 895-9329
Listed By:
Noah Loveland · License #995711824
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:29PM
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 Elifin Realty - New Orleans, LA
Investment Insights
Based on property information with market context.
Located at 724 Papworth Ave in Metairie, this mixed-use property combines commercial office space with four residential units on the second level. The larger office area contains three offices, a breakroom, IT room, multiple restrooms, and an attached warehouse with a roll-up door. A separate smaller office includes a private restroom and has both exterior access and interior access through the breakroom.
The residential units include corresponding storage spaces, while a shared laundry building serves the complex from the rear yard. Some apartments have been renovated, and others offer a value-add component. The property is positioned between Veterans Blvd and I-10, with ±5-6 minute access to I-10 and I-610. Nearby retail and dining include Winn-Dixie, Big Lots!, The Fresh Market, and several eateries. Lakeview Self Storage is adjacent to the property.
The residential units include corresponding storage spaces, while a shared laundry building serves the complex from the rear yard. Some apartments have been renovated, and others offer a value-add component. The property is positioned between Veterans Blvd and I-10, with ±5-6 minute access to I-10 and I-610. Nearby retail and dining include Winn-Dixie, Big Lots!, The Fresh Market, and several eateries. Lakeview Self Storage is adjacent to the property.
Key Highlights
- Four residential units with corresponding storage spaces
- Office area includes three offices, breakroom, IT room, and multiple restrooms
- Warehouse with roll‑up door included in the larger office component
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,170
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing property combining office suites, residential units, storage, and shared laundry improvements.
Where is this mixed-use property located?
The property is located at 724 Papworth Ave Metairie, LA.
What are key features of this property?
This property features: Four residential units with corresponding storage spaces; Office area includes three offices, breakroom, IT room, and multiple restrooms; Warehouse with roll‑up door included in the larger office component
