Commercial $ 1,150,000

4530 MAGAZINE ST

New Orleans, LA 70115

  • 3,291 SqFt
  • 1950 Year Built
Exceptional opportunity to acquire a well-positioned commercial investment property on iconic Magazine Street, one of New Orleans' most sought-after retail corridors. This income-producing asset features three independent commercial units, offering a diversified tenant mix and long-term investment stability. Two of the three units are occupied by long-term, established tenants, providing stable cash flow from day one. The remaining vacant unit is ready for your business, showroom, office, studio, retail concept, or professional practice, allowing you to own rather than lease in one of the city's most desirable business districts. Whether you're an entrepreneur looking to own your business location while generating passive income or an investor seeking a well-located commercial asset with built-in cash flow, this Magazine Street property offers the flexibility, stability, and location that are increasingly difficult to find in New Orleans.
Listed by Valmont Realtors

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 291 sqft

    Price per Sqft $349

    MLS Listing ID 2565278

    HOA Y/N No

    Year Built 1950

  • Location

    State LA

    County Orleans

    Zoning B-2

  • Building

    Lot Description City Lot, Rectangular Lot

    Dwelling Type Office,Retail

    Entry Level Two

    Sewer Public Sewer

    Water Public

    Level or Stories Two

  • Interior

    Fireplace No

  • Exterior

    Parking Features Covered, Driveway, One Space

    Water Access Desc Public

  • Others

    Tax ID 4530-MAGAZINEST

    Special Listing Condition None

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CONTACT

Kristen Koppel
Kristen Koppel

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