3801 Magazine Street New Orleans, LA $ 2,450,000
3801 Magazine Street
$ 2,450,000
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3801 Magazine Street

New Orleans, LA, 70115
$ 2,450,000
Bedrooms-- Baths-- Sq 5,490

Monthly Estimate*

$ 15,085

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Commercial Property for sale in New Orleans, LA

for $2,450,000. This 5,490 square foot building was built in 1940 on a lot size of 0.1.

Available for sale, 3801 Magazine Street presents a rare corner mixed-use opportunity at the gateway to the most sought-after stretch of Magazine Street. The property includes approximately ±2,800 SF of prime ground-floor retail and ±2,500 SF of well-appointed second-floor office space. The retail space is currently occupied by Mignon Faget, a longstanding regional jeweler with deep ties to the location, on a month-to-month basis, while the upstairs is leased to two office tenants on short-term arrangements—offering income in place and near-term flexibility for an investor, owner-user, or developer. Positioned at the corner of Magazine and Peniston Streets, the building features soaring ceilings, expansive storefront windows, a rear storage area, off-street parking for three vehicles, a historic corner awning, prominent signage, and a stately architectural presence that commands attention. The property sits among some of the corridor’s strongest national retailers, including Reformation, Tasc, Billy Reid, Marine Layer, UNTUCKit, Gorjana, Free People, and many others, placing it squarely within the highest-performing retail node of Uptown New Orleans.

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Commercial Active

Price

$ 2,450,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1

Year Built

1940

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2550506

Features
General
Sewer Public Sewer
Zoning HU-B1
Year Built 1940
Tenant Pays All Utilities Insurance Janitorial Service Taxes
Stories Count 2
Levels Two
Accessibility Accessibility Features
County Orleans
Property Type Commercial Sale
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use Office Retail
Standard Status Active
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Exterior
Parking Features Off Street Parking Lot
Lot Features Corner Lot City Lot Oversized Lot
Water Source Public
Lot Size Area 0.1
Building Area Total 5490
Lot Dimensions 37x120
Lot Size Acres 0.1
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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

$15,085
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,085
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/31/2026$2,450,000 Listed Price

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3801 Magazine Street, New Orleans, LA, 70115 is a Commercial Property for sale at $2,450,000 with 5,490 sqft and a lot size of 0.1. 3801 Magazine Street was built in 1940. The property's zip code is 70115 which is in New Orleans, LA