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$ 1,095,000
Est. payment /mo
Price Dropped by $55K
4530 MAGAZINE ST New Orleans, LA 70115
3,291 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,291 sqft
Price per Sqft $332
MLS Listing ID 2565278
HOA Y/N No
Year Built 1950
Property Description
Exceptional opportunity to acquire a well-positioned commercial investment property on iconic Magazine Street, one of New Orleans' most sought-after retail corridors. This income-producing asset features three independent commercial units, offering a diversified tenant mix and long-term investment stability. Two of the three units are occupied by long-term, established tenants, providing stable cash flow from day one. The remaining vacant unit is ready for your business, showroom, office, studio, retail concept, or professional practice, allowing you to own rather than lease in one of the city's most desirable business districts. Whether you're an entrepreneur looking to own your business location while generating passive income or an investor seeking a well-located commercial asset with built-in cash flow, this Magazine Street property offers the flexibility, stability, and location that are increasingly difficult to find in New Orleans.
Location
State LA
County Orleans
Zoning B-2
Interior
Fireplace No
Exterior
Parking Features Covered, Driveway, One Space
Water Access Desc Public
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Office,Retail
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 4530-MAGAZINEST
Special Listing Condition None
Listed by Valmont Realtors
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