Mixed-Use Commercial & Residential
For Sale
$800,000
8009 DOWNMAN Road, New Orleans, LA 70126
COMMERCIAL - New Orleans, LA
Property Size3,850 SF
Price / SF$207.79
Days on Market127
Property Features for 8009 DOWNMAN Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
c-1
Parking features
Off Street
Lot features
Irregular
Standard status
Active
APN
39W020203
Size
3,850 SF
Taxes and HOA fees
Tax Description
SQ A ENTRANCE PK NO 1 LOT C- 1 DOWNMAN RD 52X103/105 BR/GLASS BLDG FLAT/R PIK QWIK PLAN 9-15B-13
Legal Description
SQ A ENTRANCE PK NO 1 LOT C- 1 DOWNMAN RD 52X103/105 BR/GLASS BLDG FLAT/R PIK QWIK PLAN 9-15B-13
Utilities
Water source
Public
Building Details
Year built
1977
Floors in Building
2
Listing Agency:
KELLER WILLIAMS REALTY 455-0100
(504) 455-0100
Listed By:
Noah Thomas · License #995715515
(504) 669-8822
Added: Mar 26
Changed: Apr 27
Last Checked: Jul 30 at 3:06PM
MLS# 2549543
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property offers an investment opportunity with a fully operational restaurant and bar, prime retail spaces, and multiple residential one-bedroom units with a shared kitchen. Located in a high-traffic, desirable area, the property is suitable for live-work arrangements, business expansion, or rental income. The property offers flexible options and can be sold together or individually. The business may also be sold separately. The property is located at 8009 Downman Road, New Orleans, LA 70126. The property is zoned C-1 and has a property size of 3850 square feet. The lot size is 0 acres.
Key Highlights
- Mixed‑use property with restaurant/bar, retail spaces, and residential units.
- Fully operational restaurant and bar included.
- Located in a high‑traffic, desirable area.
Financial Insights For Specialty Retail
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 | $90.1k | $23.40 |
| − Vacancy | −$2.3k | −$0.59 |
| EGI | $87.8k | $22.81 |
| − OpEx | −$22.0k | −$5.70 |
| NOI | $65.9k | $17.11 |
3,850 SF · lease $23.40/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$941.1K
$823.5K – $1.10M
NOI $65,878 @ 7.0% cap · market cap 8.23%
Second Best
Retail
$869.3K
$760.6K – $1.01M
NOI $60,851 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$1.01M
$883.6K – $1.18M
NOI $70,686 @ 7.0% cap · market cap 8.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
320
Businesses Nearby
66
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Gemaire Distributors
Shops & Services
66 visits/mo
0.3 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
$187,300
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in New Orleans, LA
Properties on Market for Mixed-use properties in New Orleans
Vacancy Rate% for Retail in New Orleans, LA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile property with restaurant, bar, retail, and residential spaces.
Where is this mixed-use property 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 property with restaurant/bar, retail spaces, and residential units.; Fully operational restaurant and bar included.; Located in a high‑traffic, desirable area.
