2801 MAGAZINE ST, New Orleans, LA 70115
2801 MAGAZINE ST, New Orleans, LA 70115
2801 MAGAZINE ST, New Orleans, LA 70115
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Charisse DeCalongne
Listed byBen & Burka • Aaron J. Kazanoff • 504-301-1002
$10,500,000
Est. payment /mo

UPDATED:

Key Details

Property Type Other Types

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2549290

HOA Y/N No

Year Built 1999

Acres 0.85

Lot Dimensions 70x150

Property Sub-Type Commercial

Source ROAM MLS

Property Description

Available for sale, this premier multi-tenant shopping center presents a rare investment opportunity along one of Magazine Street's most coveted retail corridors in the Garden District / Irish Channel. With more than 32 dedicated off-street parking spaces, an exceptional amenity along this historic corridor, the property functions as a true neighborhood lifestyle destination with outstanding visibility, accessibility, and irreplaceable street presence.Anchored by nationally recognized tenants including Chipotle, Credit Human, and Insomnia Cookies, the center offers stable in-place income with meaningful upside through continued lease-up and strategic merchandising of the tenant mix. The layout also provides flexibility to create a ±12,000 SF contiguous end-cap opportunity suitable for a flagship or large-format retailer, a rarity along Magazine Street.Positioned among some of the corridor's most desirable retailers, restaurants, and hospitality concepts, the asset benefits from the unmatched fundamentals of a supply-constrained urban retail market. The property also offers long-term value through potential repositioning, redevelopment, or partial owner-occupancy, allowing investors to further enhance one of Magazine Street's most prominent retail destinations. Financial information available upon execution of a confidentiality agreement.For additional information, see the 2801 Magazine Street Investment Offering in attachments.

Location

State LA

County Orleans

Area 0.85

Zoning HU-B1

Direction Corner of Magazine & Washington

Interior

Fireplace No

Exterior

Parking Features Off Street, Parking Lot

Garage Spaces 3.0

Utilities Available Natural Gas Available

Total Parking Spaces 3

Garage No

Building

Lot Description Corner Lot

Water Public

New Construction No


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Charisse DeCalongne

Charisse DeCalongne

+1(225) 347-8858

Agent License ID: 0995699653

Agent License ID: 0995699653

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2801 MAGAZINE ST