4520-24 Downman Road New Orleans, LA ^$ 345,000

4520-24 Downman Road

^$ 345,000

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4520-24 Downman Road

New Orleans, LA, 70126

^$ 345,000

Bedrooms-- Baths-- Sq 3,042

Monthly Estimate*

^$ 2,152

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Commercial Property for sale in New Orleans, LA

for $345,000. This 3,042 square foot building was built in 1950 on a lot size of 0.4937.

Price Reduction. Sale includes two residential apartments and one commercial unit. Zoned Light Industrial or SB-2 with many permitted uses. Current commercial tenant mix: Phone store. Phone store operator signed a new lease recently with escalations. Property has large gravel lot located in the rear of structure. The building have newer roof, 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. Also being offered as a package with 4516-18 Downman Rd.

Commercial Pending

Price

^$ 345,000

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.4937

Year Built

1950

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2477447

Features

General

Sewer Public Sewer

Zoning S-B2

Construction Materials Asbestos Brick Veneer Concrete

Year Built 1950

Tenant Pays All Utilities Janitorial Service

Stories Count 2

Levels Two

County Orleans

Property Type Commercial Sale

Other Structures Living Quarters

Total Rooms 0

Full Baths 0

Status Pending

Directions Chef Hwy to Downman Rd and turn toward the lake. Property on the left

City New Orleans

Structure Type Mixed Use None Retail

Standard Status Pending

Tax Lot G-20-

Legal Description ZEMURRAY TRACT LOT DOWNMAN RD 49/100 X 169-132/ 301 SINGLE C/BLOCK A/R COMM & RES USE E REC.

Exterior

Parking Features Off Street Parking Lot Three or more Spaces

Lot Features City Lot Oversized Lot

Water Source Public

Lot Size Area 0.4937

Building Area Total 21506

Lot Dimensions 100x301

Lot Size Acres 0.4937

Interior

Half Baths 0

Total Bedrooms 0

* Excluded Features

List By

Keller Williams Realty New Orleans

Broker

jaredz@kw.com

Affordability Calculator

$2,152

Per Month

Monthly Principal & Interest: $2,152
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in New Orleans, LA

Average List Price ^$1,236,319

Percent of Sale Price 258%

About New Orleans, LA

392,550 Population

-19% Since 2002

^$41,421 Median Income

36.4 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2024	$345,000	-5.48%	Price Down
11/30/2024	$365,000		Listed Price

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4520-24 Downman Road, New Orleans, LA, 70126 is a Commercial Property for sale at $345,000 with 3,042 sqft and a lot size of 0.4937. 4520-24 Downman Road was built in 1950. The property's zip code is 70126 which is in New Orleans, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/20/2025.

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4520-24 Downman Road

Commercial Property for sale in New Orleans, LA

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