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4516-22 Downman Rd.
4516-4522 Downman Rd New Orleans, LA 70126
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Overview
Major Price Reduction! Sale includes three residential units and three commercial units. Zoned Light Industrial with many permitted uses. Current commercial tenant mix: Phone store, Hair Salon, and Nail Salon. They are all long term. Phone store operator signed a new lease recently with escalations. Hair salon and Nail salon operators are month to month. Property has over 20,000 sq/ft gravel lot located in the rear of structures. The buildings have newer roofs, all have central air/heat. Some appliances are included in sale. Residential units have been HANO approved for many years. 4522 Downman is currently vacant and can be shown. It can be used an office also.
For Sale
Office
Multifamily
Secondary Uses: Flex Space
- Sale Price
- $550,000
- Price Per SF
- $100.7/SF
- Building Size
- 5,462 SF
- Acres
- 0.5 ac
- Zoning
- NR-SU
- Zoning Description
- Suburban Commercial
- Building Class
- C
- Number of Buildings
- 1
- Floors
- 2
- Year Built
- 1950
- Construction Siding
- Brick
- Construction Type
- Masonry Reinforced
- Parking Spaces
- 2
- Submarket
- Northshore / N.O. East
- Nearest MSA
- New Orleans
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 100%
- Lot Size
- 100' x 170'
- Total Units
- 3
- Laundry
- In Each Unit
- Nearest Airport
- MSY
- Power Provider
- Private - Entergy
- Water Provider
- City - City
- Sewer
- 4"
- Sewer Provider
- City - City
- County
- Orleans Parish
- Available
- 2024-11-01
- Created
- 2024-10-21
- Updated
- 2025-06-16
- Listing ID
- 63a021df
- Parcel APN
- 39W921515