5631 Magazine Street New Orleans, LA $ 1,650,000
5631 Magazine Street
$ 1,650,000
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5631 Magazine Street

New Orleans, LA, 70115
$ 1,650,000
Bedrooms-- Baths-- Sq 3,300

Monthly Estimate*

$ 10,294

5631 Magazine Street, New Orleans, LA 70115 - Image 1
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Commercial Property for sale in New Orleans, LA

for $1,650,000. This 3,300 square foot building was built in 1920.

Available for sale, 5631 Magazine Street presents a rare opportunity to acquire a well-located, multi-tenant property in the heart of Uptown New Orleans. Positioned directly across from Whole Foods, the property benefits from exceptional visibility, consistent foot traffic, and proximity to some of the city’s most popular retail, dining, and lifestyle destinations. The building is currently configured as three commercial units: District Donuts, a popular local favorite, occupies the ±300 SF corner suite under an absolute NNN lease at $2,250/month, with five years remaining on their initial term (lease negotiations in progress). Love Weld, a national jewelry retailer, recently renewed their lease for an additional 1.5-year term and is currently paying $4,500/month NNN. The rear office suite—a former residential unit converted into a boutique office space—includes three private offices, a full kitchen, conference area, off-street parking, and reception. It is currently leased on a month-to-month basis at $4,000/month NNN but is available to an owner/occupant. With in-place income and high-quality tenants, 5631 Magazine offers flexibility for investors seeking steady returns or owner-occupants looking to establish a presence on one of the city’s premier commercial corridors.

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Commercial Pending

Price

$ 1,650,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1920

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2515379

Features
General
Sewer Public Sewer
Zoning HU-B1
Construction Materials Wood Siding
Year Built 1920
Tenant Pays All Utilities Insurance Janitorial Service Taxes
Stories Count 2
Levels Two
County Orleans
Property Type Commercial Sale
Full Baths 0
Status Pending
City New Orleans
Structure Type Office Retail
Standard Status Pending
Legal Description As per title
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Exterior
Parking Features One Space
Lot Features Corner Lot City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Building Area Total 3300
Lot Dimensions 60 x 65
Lot Size Acres 0
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Ben & Burka

Broker

Aaron@BenBurka.com

Email

Affordability Calculator

$10,294
Per Month
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Monthly Principal & Interest
$10,294
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
8/5/2025$1,650,000 Listed Price

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5631 Magazine Street, New Orleans, LA, 70115 is a Commercial Property for sale at $1,650,000 with 3,300 sqft. 5631 Magazine Street was built in 1920. The property's zip code is 70115 which is in New Orleans, LA