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Two-Story Mixed-Use Brick Building
For Sale
$1,650,000

8538 SPRUCE Street, New Orleans, LA 70118

Commercial, New Orleans, LA

Property SizeContact for details
Days on Market111

Property Features for 8538 SPRUCE Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning HU-B1A
Parking features Off Street
Lot features Corner, Regular
Standard status Active
APN 716302513

Taxes and HOA fees

Tax Description 1. SQ 260 LOTS 18-19 SPRUCE & 2. LEONIDAS 50 X 100 3. 8538-40 SPRUCE
Legal Description 1. SQ 260 LOTS 18-19 SPRUCE & 2. LEONIDAS 50 X 100 3. 8538-40 SPRUCE

Utilities

Water source Public

Building Details

Year built 1920
Floors in Building 2
Listing Agency: Keller Williams Realty Services
Listed By: Shannon Wells-Guidry · License #995691606
Added: May 5 Changed: Aug 19 Last Checked: Aug 23 at 8:06PM
MLS# 2553619

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 two-story brick mixed-use building offers a flexible layout designed to support multiple revenue streams. The commercial footprint is described as expansive and can accommodate a range of uses, with additional commercial or residential space noted as part of the configuration. The residential component includes three units: two units located on the second floor and one unit on the first floor. A fully functional attic space provides additional usable area, offering flexibility for storage, workspace, or possible expansion (buyer to verify).

The property is zoned HU-B1A and is being sold as-is. A schedule for showings requires an appointment 72 hours in advance, and all use and compliance requirements are the buyer’s responsibility to verify.

For planning purposes, the building is configured to combine commercial space with in-place residential income, with added area in the attic that may support operational flexibility depending on verified approvals and code compliance.

Key Highlights

  • Two‑story brick mixed‑use commercial building built in 1920 with off‑street parking
  • Flexible layout with an expansive commercial footprint for multiple revenue strategies
  • Residential component includes 3 units: 2 units on the second floor and 1 unit on the first floor

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Electrical Service Computer & Electronic Repair HVAC Service Parking Lot & Garage 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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

901
Businesses Nearby

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story brick mixed-use building with flexible commercial space, three residential units, and a fully functional attic, sold as-is.
Where is this mixed-use property located?
The property is located at 8538 SPRUCE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Two‑story brick mixed‑use commercial building built in 1920 with off‑street parking; Flexible layout with an expansive commercial footprint for multiple revenue strategies; Residential component includes 3 units: 2 units on the second floor and 1 unit on the first floor
More about this property
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