5924 Magazine Street New Orleans, LA $ 1,200,000
5924 Magazine Street
$ 1,200,000
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5924 Magazine Street

New Orleans, LA, 70115
$ 1,200,000
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 7,486

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Commercial Property for sale in New Orleans, LA

for $1,200,000. This 2,000 square foot building was built in 1950 on a lot size of 0.12.

This mixed-use building offers prime retail space on the first floor and apartments on the second floor. The ground floor is ideal for a variety of low-traffic retail concepts such as a clothing boutique, art gallery, or similar uses. The second floor includes 2 fully-furnished residential units. Both units are 1BR/1BA, 962 SF, and include charming features like hardwood floors, renovated kitchens, and large windows overlooking Magazine Street. Tenants also enjoy access to a courtyard and shed, adding to the property’s appeal. This is a NNN Lease. All showings must be scheduled with the listing agent with at least 24 hours’ notice.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.12

Year Built

1950

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2521100

Features
General
Sewer Public Sewer
Zoning HU-B1
Year Built 1950
Stories Count 2
Levels Two
County Orleans
Property Type Commercial Sale
Total Rooms 1
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use Retail
Standard Status Active
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Exterior
Parking Features None
Lot Features City Lot Irregular Lot
Water Source Public
Lot Size Area 0.12
Building Area Total 3849
Lot Dimensions 5325
Lot Size Acres 0.12
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Southeast Commercial Of Ms, Llc

Broker

matt@matteatonccim.com

Email

Affordability Calculator

$7,486
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Monthly Principal & Interest
$7,486
Monthly Property Taxes
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Monthly Home Insurance
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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
12/16/2025$1,200,000 -12.73% Price Down
9/10/2025$1,375,000 Listed Price

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5924 Magazine Street, New Orleans, LA, 70115 is a Commercial Property for sale at $1,200,000 with 2,000 sqft and a lot size of 0.12. 5924 Magazine Street was built in 1950. The property's zip code is 70115 which is in New Orleans, LA