Address: 2850 Magazine Street, New Orleans, LA 70115
Rare opportunity to purchase a 4,920 sq ft historic retail building located on a prime stretch of Magazine Street, an area celebrated for its vibrant atmosphere and heavy foot traffic. This turnkey retail space boasts 41 feet of prime storefront with large, double glass roll-up doors, enhancing visibility and customer accessibility. The building underwent a complete historic renovation in 2014, which included new installation of all plumbing, electrical, mechanical, and sprinkler systems, ensuring modern functionality while preserving the historic character. Positioned amidst popular shops, restaurants, and cultural landmarks, this property offers an ideal location for businesses seeking high exposure and engagement.
Real Estate Taxes – Approximately $20,000 per year
Hazard Insurance– Approximately $8,750 per year
*Existing Tenant Currently occupies Space on a short-term basis. Lease Terms available upon request.
List Price: $2,100,000 | $426.83 PSF
GBA: 4,920 SF
Site Size: 46′ x 123′
Zoning: HU-B1 Zoning providing for a multitude of permitted uses. https://czo.nola.gov/article-12/
For further information or to schedule a showing please contact Troy Hagstette at 504-251-5719.