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--

Monthly Estimate*

$ 11,396

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 building was built in 1920 on a lot size of 0.09.

Available for sale, 5631 Magazine Street presents a rare opportunity to acquire an extremely 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 ±3 years remaining and strong desire to stay. Love Weld, a national jewelry retailer, recently executed a new lease and is currently paying $4,750/month NNN.The rear office suite, a former residential unit converted intoa boutique office space—includes three private offices, a full kitchen, conference area, off-street parking, and reception. It is currently leased through the end of 2026 at $4,000/month NNN but may be 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 Active

Price

$ 1,650,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Lot Size

0.09

Year Built

1920

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2576155

Features
General
Sewer Public Sewer
Utilities Natural Gas Available
Zoning HU-B1
Construction Materials Other
Year Built 1920
Tenant Pays All Utilities Insurance Janitorial Service
Stories Count 2
Property Subtype Commercial
Current Use Commercial Retail Other
Parcel Number 41049583
Business Type Retail
County Orleans
Property Type Commercial Sale
Possible Use Retail Other
Status Active
City New Orleans
Disclosures Property As Is
Lot Size Units Acres
Lot Size Square Feet 3920.4
Land Lease Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/roam/2576155
Standard Status Active
Year Built Source Estimated
Legal Description As per title
Senior Community None
New Construction None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Lot Features Corner Lot Other
Water Source Public
Inclusions Building Land
Lot Size Area 0.09
Spa N
Lot Dimensions 60x65
Lot Size Acres 0.09
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Total Baths 0
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Internal Only
Street Number 1 5631
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* Excluded Features
List By
Aaron J. Kazanoff

Listing Agent

Affordability Calculator

$11,396
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,396
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
5583192 Elementary School
5584917 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2026$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 a lot size of 0.09. 5631 MAGAZINE Street was built in 1920. The property's zip code is 70115 which is in New Orleans, LA