4530 MAGAZINE ST, New Orleans, LA 70115
4530 MAGAZINE ST, New Orleans, LA 70115
4530 MAGAZINE ST, New Orleans, LA 70115
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$1,150,000
Est. payment /mo
3,291 SqFt
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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

Property Description

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.

Location

State LA

County Orleans

Zoning B-2

Interior

Fireplace No

Exterior

Parking Features Covered, Driveway, One Space

Water Access Desc Public

Building

Lot Description City Lot, Rectangular Lot

Dwelling Type Office,Retail

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 4530-MAGAZINEST

Special Listing Condition None

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Kristen Koppel

Kristen Koppel

+1(504) 525-3067

Real Estate Agent | License ID: 0995687860

Real Estate Agent License ID: 0995687860

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