Mixed-Use Restaurant Bar with
8009 DOWNMAN Road New Orleans, LA 70126
8009 DOWNMAN Road, New Orleans, LA, 70126
$800,000
For Sale
$800,000
Includes an operational restaurant and bar, multiple 1-bedroom units with shared kitchen, plus retail spaces.
Property Size5,449 SF
Price / SF$146.82
Days on Market148
Property Features for 8009 DOWNMAN Road
General Information
- Standard status
- Active
- Size
- 5,449 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1977
Listing agency
KELLER WILLIAMS REALTY 455-0100
(504) 388-6437
Listed by
Noah Thomas · License #995715515
(504) 388-6437
Source
Xome
Added: Feb 24 Updated: Jul 21 at 7:31AM Checked: Jul 21 at 7:31AM
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 KELLER WILLIAMS REALTY 455-0100
Investment Insights
Based on property information with market context.
This mixed-use property offers a fully operational restaurant and bar alongside multiple residential 1-bedroom units that share a kitchen. In addition to the food and beverage space, the offering also includes multiple retail spaces, creating a combined income mix within the same building.
The property is located at 8009 Downman Road in New Orleans, Louisiana, within the address range shared in the listing remarks (8001 and 8009 Downman Road). The listing notes flexibility for buyers, including the possibility to sell the property together or individually, and the option for the business to be sold separately.
For due diligence, contact the listing agent for pricing and full details on the available sale configuration and any separate options described for this property.
The property is located at 8009 Downman Road in New Orleans, Louisiana, within the address range shared in the listing remarks (8001 and 8009 Downman Road). The listing notes flexibility for buyers, including the possibility to sell the property together or individually, and the option for the business to be sold separately.
For due diligence, contact the listing agent for pricing and full details on the available sale configuration and any separate options described for this property.
Key Highlights
- Mixed‑use commercial & residential property with an operational restaurant and bar
- Includes multiple residential 1‑bedroom units with a shared kitchen
- Also features multiple retail spaces
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.4k | $15.48 |
| − Vacancy | −$6.3k | −$1.16 |
| EGI | $78.0k | $14.32 |
| − OpEx | −$35.1k | −$6.44 |
| NOI | $42.9k | $7.88 |
5,449 SF · lease $15.48/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Specialty Retail
$1.33M
$1.17M – $1.55M
NOI $93,239 @ 7.0% cap · market cap 11.65%
Second Best
Apartment 5plus
$613.0K
$536.4K – $715.2K
NOI $42,913 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M
NOI $100,044 @ 7.0% cap · market cap 12.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Eat Well Bar ...
Bar & Pub
Eat Well Bar ...
Restaurant
Eat Well bar&Grill
Bar & Pub
LibertyX Bitcoin ATM
Atm
MSM KITCHEN
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- The Fifty50 Bar & Restaurant — 6600 Morrison Rd, New Orleans, LA 70126
- Eat Well Bar & Grill — 8009 Downman Rd, New Orleans, LA 70126
- The Lighthouse Bar & Grill — 6001 France Rd, New Orleans, LA 70126
- Eat Well bar&Grill — 8009 Downman Rd, New Orleans, LA 70126
FAQs
What type of property is this?
Bar & Pub - Includes an operational restaurant and bar, multiple 1-bedroom units with shared kitchen, plus retail spaces.
Where is this bar & pub located?
The property is located at 8009 DOWNMAN Road New Orleans, LA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Mixed‑use commercial & residential property with an operational restaurant and bar; Includes multiple residential 1‑bedroom units with a shared kitchen; Also features multiple retail spaces
