3341 MAGAZINE Street, New Orleans, LA 70115 (MLS# NO2498227)

3341 MAGAZINE Street, New Orleans, LA 70115

$2,650,000
Property Type: Comm Bldg Sale/Lease Square Footage: 4,475 Status: Active
Current Price: $2,650,000 List Date: 4/23/2025 Last Modified: 9/25/2025

Description

Located on the extremely visible and high-traffic corner of Louisiana Ave and Magazine Street, 3341 Magazine Street offers investors or restaurant owner/operators an incredibly well-positioned trophy asset. The entire ground floor is occupied by Poke Loa, who is on a NNN lease that expires in 2026. Their space features multiple seating areas, large walk-ins, several food prep areas, and a retail/serving counter, in addition to large store front windows and wrap around historic awning. Two recently renovated 1 bedroom apartments are on the 2nd floor feature in-unit laundry, exterior balcony space, spacious kitchens, and original historic detailing. Currently, one unit is on a month-to month lease and the other is leased until December, 2025. The property is in excellent condition with no deferred maintenance and offers investors a chance to own an iconic building in an incredible location. The property sits in one of the highest-trafficked stretches of Magazine Street. Frequented by locals and tourists alike, the property is close to local and national restaurants, bars, and retailers all along "restaurant row."

Supplements: ********

More Information MLS# NO2498227

Listing Info

For Sale: Yes List Price/SqFt: 592.18 Document Modified: 2025-07-15 10:10:24.836113 Status: Active Listing Date: 2025-04-23 Listing Price: 2650000 Current Price: $2,650,000 Modification Timestamp: 2025-09-25T20:21:05Z Photo Modified: 2025-04-23T21:28:54Z

General Property Description

Lot Dimensions: 31X97 Stories: 2 SqFt - Total: 4475 SqFt - Source: Measured Acreage Range: 0 - 0.5 Load Dock?: 0

Sale/Lease Info

Lease Purchase: No

Remarks & Misc

Remarks: Located on the extremely visible and high-traffic corner of Louisiana Ave and Magazine Street, 3341 Magazine Street offers investors or restaurant owner/operators an incredibly well-positioned trophy asset. The entire ground floor is occupied by Poke Loa, who is on a NNN lease that expires in 2026. Their space features multiple seating areas, large walk-ins, several food prep areas, and a retail/serving counter, in addition to large store front windows and wrap around historic awning. Two recently renovated 1 bedroom apartments are on the 2nd floor feature in-unit laundry, exterior balcony space, spacious kitchens, and original historic detailing. Currently, one unit is on a month-to month lease and the other is leased until December, 2025. The property is in excellent condition with no deferred maintenance and offers investors a chance to own an iconic building in an incredible location. The property sits in one of the highest-trafficked stretches of Magazine Street. Frequented by locals and tourists alike, the property is close to local and national restaurants, bars, and retailers all along "restaurant row."

Office/Member/Contract Info

List AOR: NOMAR

Property Type

Restaurant: 1 Retail: 1

Parking

None: 1

Construction

Other: 1

Lot Description

Corner: 1

Originating Details

Originating System ID: ROAMM Originating System Key: 50950659 Originating System Listing ID: 2498227 Originating System Name: ROAM Matrix

Location Tax Legal Info

Street Number: 3341 Street Name: MAGAZINE Street Parish: Orleans State: LA Zip Code: 70115 Tax Assessment Number: 41047354 Zone: HU-B1 Directions: Bounding Streets: Magazine, Louisiana

Property Features

Property Type: Restaurant; Retail Construction: Other Lot Description: Corner Parking: None
Listing Office: Ben & Burka
IDX
Last Updated: September - 25 - 2025
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.