8538 SPRUCE Street, New Orleans, LA 70118 (MLS# NO2553619)

Remarks & Misc

Remarks

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.

Office/Member/Contract Info

List AOR

NOMAR

Property Type

Professional/Office

Yes

Restaurant

Yes

Retail

Yes

Parking

None

Yes

Construction

Brick

Yes

Other

Yes

Features

Handicap Design

Yes

Living Space Available

Yes

Lot Description

Corner

Yes

Exterior

Railroad Spur

Yes

Landlord Pays

Building Insurance

Yes

Janitorial

Yes

Property Taxes

Yes

Financing

Owner Finance

Yes

Property Features