8538 Spruce Street New Orleans, LA $ 1,650,000
8538 Spruce Street
$ 1,650,000
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8538 Spruce Street

New Orleans, LA, 70118
$ 1,650,000
Bedrooms-- Baths-- Sq 5,190

Monthly Estimate*

$ 10,159

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Commercial Property for sale in New Orleans, LA

for $1,650,000. This 5,190 square foot building was built in 1920.

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.

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Commercial Active

Price

$ 1,650,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1920

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2553619

Features
General
Sewer Public Sewer
Zoning HU-B1A
Construction Materials Brick Other Vinyl Siding
Year Built 1920
Stories Count 2
Levels Two
Accessibility Accessibility Features
County Orleans
Property Type Commercial Sale
Other Structures Living Quarters
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use Office
Standard Status Active
Tax Lot 18
Legal Description 1. SQ 260 LOTS 18-19 SPRUCE & 2. LEONIDAS 50 X 100 3. 8538-40 SPRUCE
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Exterior
Parking Features None Off Street
Lot Features Corner Lot City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Building Area Total 5190
Lot Dimensions 50x100
Lot Size Acres 0
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Keller Williams Realty Services

Broker

shannonwguidry@kw.com

Email

Affordability Calculator

$10,159
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$1,650,000 Listed Price

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8538 Spruce Street, New Orleans, LA, 70118 is a Commercial Property for sale at $1,650,000 with 5,190 sqft. 8538 Spruce Street was built in 1920. The property's zip code is 70118 which is in New Orleans, LA