1582-84 MAGAZINE Street, New Orleans, LA 70130
$2,195,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
5,856
Status:
Active
Current Price:
$2,195,000
List Date:
4/20/2026
Last Modified:
4/30/2026
Listing Details MLS# NO2554616
Listing Info
- For Sale
- Yes
- Delayed Marketing
- No
- Listing Price
- 2195000
- List Price/SqFt
- 374.83
- Modification Timestamp
- 2026-04-30T19:31:05Z
- Photo Modified
- 2026-04-30T16:40:55Z
Location Tax Legal Info
- Street Number
- 1582-84
- Street Name
- MAGAZINE Street
- Parish
- Orleans
- State
- LA
- Zip Code
- 70130
- Tax Assessment Number
- 1582-Magazinest
- Zone
- HU-B1
- Directions
- Bounding Streets: Magazine Street & Richard Street
General Property Description
- Lot Dimensions
- 0.129
- SqFt - Office
- 3800
- SqFt - Total
- 5856
- SqFt - Source
- Public Record
- Stories
- 2
- Elevator
- No
- Acreage Range
- 0 - 0.5
Originating Details
- Originating System ID
- ROAMM
- Originating System Key
- 57875465
- Originating System Listing ID
- 2554616
- Originating System Name
- ROAM Matrix
Sale/Lease Info
- Lease Purchase
- No
Remarks & Misc
- Remarks
- 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
More Information
Office/Member/Contract Info
- List AOR
- NOMAR
Property Type
- Professional/Office
- Yes
- Retail
- Yes
Parking
- None
- Yes
Lot Description
- Corner
- Yes
Property Features
Property Type:
Professional/Office; Retail
Lot Description:
Corner
Parking:
None
IDX
Listing Office:
Urban Properties Real Estate, LLC
Last Updated: April - 30 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.