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
Overview
Description
Listing Details MLS# NO2548725
Listing Info
- For Sale
- Yes
- Delayed Marketing
- No
- Listing Price
- 1495000
- List Price/SqFt
- 112.63
- Modification Timestamp
- 2026-03-26T19:55:09Z
- Photo Modified
- 2026-03-20T17:54:24Z
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
General Property Description
- Lot Dimensions
- 43400
- Acres
- Yes
- SqFt - Total
- 13273
- SqFt - Source
- Appraiser
- Stories
- Yes
- Acreage Range
- 1 - 2.99
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 57457534
- Originating System Listing ID
- 2548725
- Originating System Name
- ROAM Matrix
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.
More Information
Office/Member/Contract Info
- List AOR
- NOMAR
Property Type
- Restaurant
- Yes
- Retail
- Yes
- Shopping Center
- Yes
Parking
- Parking Lot
- Yes
Construction
- Brick
- Yes
Financing
- Lease Purchase
- Yes
- Owner Finance
- Yes
Property Features
Property Type:
Restaurant; Retail; Shopping Center
Construction:
Brick
Parking:
Parking Lot
Financing:
Lease Purchase; Owner Finance
IDX
Listing Office:
Talbot Realty Group
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.