1582-84 MAGAZINE ST, New Orleans, LA 70130
1582-84 MAGAZINE ST, New Orleans, LA 70130
1582-84 MAGAZINE ST, New Orleans, LA 70130
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Charisse DeCalongne

Charisse DeCalongne

+1(225) 347-8858
$1,995,000
Est. payment /mo
2,000 SqFt
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UPDATED:

Key Details

Property Type Other Types

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $997

MLS Listing ID 2554616

HOA Y/N No

Year Built 2014

Lot Dimensions 0.129

Property Sub-Type Commercial

Source ROAM MLS

Land Area 2000

Property Description

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

Location

State LA

County Orleans

Zoning HU-B1

Interior

Fireplace No

Exterior

Utilities Available Natural Gas Not Available

Garage No

Building

Lot Description Corner Lot

Water Public

New Construction No

Others

Tax ID 1582-Magazinest

Virtual Tour https://www.propertypanorama.com/instaview/roam/2554616

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Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Urban Properties Real Estate,

NEARBY SCHOOL & BUSINESS

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Charisse DeCalongne

Charisse DeCalongne

+1(225) 347-8858

Agent License ID: 0995699653

Agent License ID: 0995699653

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1582-84 MAGAZINE ST

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