4933-35 MAGAZINE Street, New Orleans, LA 70115 (MLS# NO2542586)

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.