8538 SPRUCE ST, New Orleans, LA 70118
8538 SPRUCE ST, New Orleans, LA 70118
8538 SPRUCE ST, New Orleans, LA 70118
8538 SPRUCE ST, New Orleans, LA 70118
8538 SPRUCE ST, New Orleans, LA 70118
8538 SPRUCE ST, New Orleans, LA 70118
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Shelly Paternostro

Shelly Paternostro

+1(504) 382-7777
Listed byKeller Williams Realty Service • Shannon Wells-Guidry • 985-727-7000
$ 1,650,000
Est. payment | /mo
Save Virtual Tour
$ 1,650,000
Est. payment | /mo
Save Virtual Tour

Open House

Thu Dec 17, 10:00am - 5:00pm

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2553619

HOA Y/N No

Year Built 1920

Lot Dimensions 50x100

Property Sub-Type Commercial

Source ROAM MLS

Property Description

Exceptional opportunity to acquire a high-performing mixed-use commercial asset located at 8538 Spruce Street in New Orleans. This two-story brick building offers a flexible layout that supports multiple revenue streams and long-term value potential.The property features an expansive commercial footprint capable of accommodating flagship operations, small-box concepts, or multi-tenant income strategies, along with additional commercial or residential space.The residential component includes three units, with two units located on the second floor and one unit on the first floor, creating strong income-producing potential and added flexibility for various occupancy strategies.A fully functional attic space provides additional usable area, offering further flexibility for storage, workspace, or potential expansion (buyer to verify use).The adaptable configuration is positioned for a variety of high-value commercial uses including medical or dental offices, financial institutions, governmental or administrative offices, wellness or fitness facilities, boutique hospitality concepts (including hotel or lodging, subject to approvals), restaurant or catering operations, retail or market concepts, reception or event space, creative studio use, educational or training facilities, and specialty service providers such as animal care or pet services.With multiple income opportunities, flexible use options, and strong upside potential, this property presents a compelling investment in a well-established New Orleans location. Property is being sold as-is. Buyer to verify all use and compliance requirements. Please schedule appointment 72 hours in advance.

Location

State LA

County Orleans

Zoning HU-B1A

Interior

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Natural Gas Available

Garage No

Building

Lot Description Corner Lot, Other

Water Public

New Construction No

Others

Tax ID 716302513

Virtual Tour https://www.propertypanorama.com/instaview/roam/2553619

ROAM MLS

NEARBY SCHOOLS & PROPERTIES

Shelly Paternostro

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
–Franklin D. Roosevelt

+1(504) 382-7777

shellypaternostro@me.com

203 Bradwall Street Luling, LA 70070, Luling, LA 70070, USA

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8538 SPRUCE ST