walk-down

[wawk-doun]

noun

a store, living quarters, etc., located below the street level and approached by a flight of steps: It was a dimly lit walk-down optimistically called a garden apartment.

adjective

(of a store, restaurant, apartment, etc.) located below the level of the sidewalk: a popular walk-down nightclub in Greenwich Village.

Origin of walk-down

1905–10, Americanism; noun, adj. use of verb phrase walk down