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About This Home

This 0-bedroom, 0-bathroom commercial at 8538 SPRUCE Street in New Orleans, LA is listed for $1,650,000. Built in 1920, on a N/A lot.

Agent Description

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 operation

s, 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.

Key Features

  • Built in 1920
  • 2 stories

Property Details

2 stories
1920

Monthly Cost Estimate

$8,825/mo

20% down · 6.5% · 30 years

Principal$1,193
Interest$7,150
Insurance$481

Estimates only. Actual payments may vary.

Location

8538 SPRUCE Street

New Orleans, LA 70118

Property Details

Parking

Off Street

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 8538 SPRUCE Street is listed at $1,650,000. The estimated monthly payment is $7,150 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 2 stories.

This property is listed by Shannon Wells-Guidry and can be reached at (985) 727-7000 or shannonwguidry@kw.com.

SW

Shannon Wells-Guidry

Agent at Keller Williams Realty Services

(985) 727-7000

Listed by Keller Williams Realty Services

MLS# 2553619· Source: listhub· Updated 27 days ago

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8538 SPRUCE Street, New Orleans, LA 70118

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