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1582-84 MAGAZINE Street New Orleans, LA $ 1,995,000
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1582-84 MAGAZINE Street
$ 1,995,000
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1582-84 MAGAZINE Street

New Orleans, LA, 70130
$ 1,995,000
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 13,779

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Commercial Property for sale in New Orleans, LA

for $1,995,000. This 2,000 square foot building was built in 2014.

1582-84 Magazine Street is a 5,856 SF two-story building in the Lower Garden District, currently 100% occupied across two units. The ground floor currently operates as a coworking space. The second floor is a licensed four-bedroom, three-bath commercial short-term rental.The building was fully renovated in 2014, updated again in 2020, and re-roofed in 2022. It's in move-in-ready condition. HU-B1 zoning gives a buyer flexibility on commercial use.The setup suits an investor looking for cash flow from day one, or an owner-occupant who wants to run a business downstairs and keep the STR income upstairs. The office tenants can be vacated at closing if needed.**Furniture not included - can be sold separately**Highlights:- 5,856 SF building, two floors; two units- Ground floor office/co-working (~3,800sf)- Second floor licensed commercial STR (~2,000sf)- Fully renovated in 2014; updated in 2020; new roof in 2022- Zoned HU-B1- Located in New Orleans Lower Garden District; Magazine St. frontage- Strong cash flow for investors; office can be vacated for owner-occupant

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Commercial Active

Price

$ 1,995,000

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Year Built

2014

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2554616
Features
General
Sewer Public Sewer
Utilities Natural Gas Not Available
Zoning HU-B1
Year Built 2014
Stories Count 2
Property Subtype Commercial
Current Use Commercial Office Other
Parcel Number 1582-Magazinest
County Orleans
Property Type Commercial Sale
Possible Use Office Other
Status Active
City New Orleans
Disclosures Property As Is
Lot Size Square Feet 0.0
Year Built Details The building was fully renovated in 2014 updated again in 2020 and re-roofed in 2022. It's in move-in-ready condition.
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/2554616
Standard Status Active
Year Built Source Public Records
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
Water Source Public
Spa N
Building Area Total 2000.0
Lot Dimensions 0.129
Lot Size Acres 0.0
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 158284
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* Excluded Features
List By
Michael J Bucher

Listing Agent

Affordability Calculator

$13,779
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,779
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/13/2026$1,995,000 Listed Price

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1582-84 MAGAZINE Street, New Orleans, LA, 70130 is a Commercial Property for sale at $1,995,000 with 2,000 sqft. 1582-84 MAGAZINE Street was built in 2014. The property's zip code is 70130 which is in New Orleans, LA

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