1582 MAGAZINE Street, New Orleans, LA 70130 (MLS# NO2579150)

1582 MAGAZINE Street, New Orleans, LA 70130

$1,995,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 5,856 Status: Active
Current Price: $1,995,000 List Date: 9/28/2026 Last Modified: 9/28/2026

Overview

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 S ...

Listing Details MLS# NO2579150

Listing Info

Delayed Marketing
No
Listing Price
1995000
List Price/SqFt
997.5
Type
Single Family Residence
Modification Timestamp
2026-09-28T20:13:37Z
Photo Modified
2026-09-28T20:12:14Z

Location Tax Legal Info

Street Number
1582
Street Name
MAGAZINE Street
Parish
Orleans
State
LA
Zip Code
70130
Tax Assessment Number
1582-Magazinest
Directions
Bounding Streets: Magazine Street & Richard Street

General Property Description

# Bedrooms
4
Baths - Full
3
Total Baths
3
SqFt - Living
2000
SqFt - Total
5856
SqFt - Source
Public Record
Stories
2
Year Built
2014
Acreage Range
0 - 0.5
Lot Dimensions
0.129

Originating Details

Originating System ID
ROAMM
Originating System Key
59895493
Originating System Listing ID
2579150
Originating System Name
ROAM Matrix

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

Office/Member/Contract Info

List AOR
NOMAR

More Information

Style

Other
Yes

Siding

Wood
Yes

Parking

No Parking
Yes

Foundation

Slab
Yes

Exterior

Balcony
Yes

Roof

Composition
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Utilities

Elec: Entergy
Yes

Rooms

Bathroom 1
Yes
Bedroom 1
Yes
Living Room
Yes
Office
Yes
Bedroom 2
Yes
Bedroom 3
Yes
Bedroom 4
Yes

Lot

Corner
Yes

Property Features

Style: Other Siding: Wood Parking: No Parking Foundation: Slab Roof: Composition Heating: Central Cooling: Central Air Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer Rooms: Bathroom 1; Bedroom 1; Living Room; Office; Bedroom 2; Bedroom 3; Bedroom 4 Lot: Corner Exterior: Balcony Utilities: Elec: Entergy

Room Information

Room Name Remarks
Bedroom 1 Bedroom
Bedroom 2 Bedroom
Bathroom 1 Bathroom
Living Room Living Room
Bedroom 3 Bedroom
Office Office
Bedroom 4 Bedroom
IDX
Listing Office: Urban Properties Real Estate, LLC
Last Updated: September - 28 - 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.