7118 DOWNMAN Street, New Orleans, LA 70126
$1,495,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
13,273
Lot Size (sq. ft.):
43,560
Status:
Active
Current Price:
$1,495,000
List Date:
1/23/2026
Last Modified:
3/26/2026
Description
Value-add multi-tenant retail center with freestanding restaurant building on approximately 1.00 acre along Downman Road. Property includes approximately 13,273 SF across two buildings with multiple suites, ample paved parking, and C-1 General Commercial zoning. Flexible layout supports retail, restaurant, office, medical, and service-oriented uses. Existing restaurant space includes commercial kitchen infrastructure. Strong frontage and visibility along a four-lane commercial corridor. Seller will consider creative structures including seller financing, lease-purchase, or joint venture for qualified buyers. Part of a larger portfolio of investment properties that may be sold individually or packaged together. See agent for full list of properties.
Supplements: ********
More Information MLS# NO2548725
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 112.63
Status: Active
Listing Date: 2026-01-23
Listing Price: 1495000
Current Price: $1,495,000
Modification Timestamp: 2026-03-26T19:55:09Z
Photo Modified: 2026-03-20T17:54:24Z
General Property Description
Lot Dimensions: 43400
Stories: 1
SqFt - Total: 13273
SqFt - Source: Appraiser
Acreage Range: 1 - 2.99
Acres: 1
Sale/Lease Info
Lease Purchase: Yes
Remarks & Misc
Remarks: Value-add multi-tenant retail center with freestanding restaurant building on approximately 1.00 acre along Downman Road. Property includes approximately 13,273 SF across two buildings with multiple suites, ample paved parking, and C-1 General Commercial zoning. Flexible layout supports retail, restaurant, office, medical, and service-oriented uses. Existing restaurant space includes commercial kitchen infrastructure. Strong frontage and visibility along a four-lane commercial corridor. Seller will consider creative structures including seller financing, lease-purchase, or joint venture for qualified buyers. Part of a larger portfolio of investment properties that may be sold individually or packaged together. See agent for full list of properties.
Office/Member/Contract Info
List AOR: NOMAR
Property Type
Restaurant: 1
Retail: 1
Shopping Center: 1
Parking
Parking Lot: 1
Construction
Brick: 1
Financing
Lease Purchase: 1
Owner Finance: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 57457534
Originating System Listing ID: 2548725
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 7118
Street Name: DOWNMAN Street
Parish: Orleans
State: LA
Zip Code: 70126
Tax Assessment Number: 41129967
Zone: C-1
Directions: Bounding Streets: Hayne Boulevard and Chef Menteur Highway
Property Features
Property Type: Restaurant; Retail; Shopping Center
Construction: Brick
Parking: Parking Lot
Financing: Lease Purchase; Owner Finance
Listing Office:
Talbot Realty Group
IDX
Last Updated: March - 26 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.