4933-35 MAGAZINE Street, New Orleans, LA 70115
$3,500,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
11,181
Status:
Pending
Current Price:
$3,500,000
List Date:
2/18/2026
Last Modified:
3/02/2026
Description
Stabilized, income-producing commercial asset in the heart of Uptown's Magazine Street corridor. Fully leased to HOTWORX, Pizza Domenica, and Cicada Architecture, delivering diversified income across fitness, restaurant, and professional office uses. The complementary tenant mix generates consistent daytime and evening traffic while limiting reliance on any single industry sector. The property features strong Magazine Street frontage, excellent visibility, and established positioning within one of New Orleans' most proven and supply-constrained retail corridors. Major renovation was completed in 2005, with additional capital improvements made in 2022, including HVAC, roof, and full exterior repaint, as well as build out of Cicada Architecture (2nd floor) and HOTWORX (1st floor). Surrounded by dense, high-income residential neighborhoods and established retailers, the asset benefits from steady pedestrian activity, long-term leasing demand, and corridor stability. Well-suited for investors seeking durable cash flow, appreciation potential, and future repositioning flexibility.
Supplements: ********
More Information MLS# NO2542586
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 313.03
Status: Pending
Listing Date: 2026-02-18
Listing Price: 3500000
Current Price: $3,500,000
Modification Timestamp: 2026-03-02T19:22:05Z
Photo Modified: 2026-02-18T15:40:40Z
General Property Description
Lot Dimensions: 75x110
Stories: 2
SqFt - Total: 11181
SqFt - Source: Public Record
Acreage Range: 0 - 0.5
Elevator: No
Sale/Lease Info
Lease Purchase: No
Remarks & Misc
Remarks: Stabilized, income-producing commercial asset in the heart of Uptown's Magazine Street corridor. Fully leased to HOTWORX, Pizza Domenica, and Cicada Architecture, delivering diversified income across fitness, restaurant, and professional office uses. The complementary tenant mix generates consistent daytime and evening traffic while limiting reliance on any single industry sector. The property features strong Magazine Street frontage, excellent visibility, and established positioning within one of New Orleans' most proven and supply-constrained retail corridors. Major renovation was completed in 2005, with additional capital improvements made in 2022, including HVAC, roof, and full exterior repaint, as well as build out of Cicada Architecture (2nd floor) and HOTWORX (1st floor). Surrounded by dense, high-income residential neighborhoods and established retailers, the asset benefits from steady pedestrian activity, long-term leasing demand, and corridor stability. Well-suited for investors seeking durable cash flow, appreciation potential, and future repositioning flexibility.
Office/Member/Contract Info
List AOR: NOMAR
Property Type
Restaurant: 1
Retail: 1
Parking
None: 1
Construction
Block: 1
Stucco: 1
Features
Handicap Design: 1
Lot Description
Corner: 1
Landlord Pays
Building Insurance: 1
Property Taxes: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 57014650
Originating System Listing ID: 2542586
Originating System Name: ROAM Matrix
Location Tax Legal Info
Street Number: 4933-35
Street Name: MAGAZINE Street
Parish: Orleans
State: LA
Zip Code: 70115
Tax Assessment Number: 614201901
Zone: HU-B1
Directions: Bounding Streets: Magazine, Robert, Upperline
Status Change Info
Under Contract Date: 2026-02-27
Property Features
Property Type: Restaurant; Retail
Features: Handicap Design
Construction: Block; Stucco
Lot Description: Corner
Landlord Pays: Building Insurance; Property Taxes
Parking: None
Listing Office:
Upper Management Realty, LLC
IDX
Last Updated: March - 02 - 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.