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

Overview

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 invest ...

Listing Details MLS# NO2542586

Listing Info

For Sale
Yes
Delayed Marketing
No
Listing Price
3500000
List Price/SqFt
313.03
Modification Timestamp
2026-03-02T19:22:05Z
Photo Modified
2026-02-18T15:40:40Z

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

General Property Description

Lot Dimensions
75x110
SqFt - Total
11181
SqFt - Source
Public Record
Stories
2
Elevator
No
Acreage Range
0 - 0.5

Status Change Info

Under Contract Date
2026-02-27

Originating Details

Originating System ID
ROAMM
Originating System Key
57014650
Originating System Listing ID
2542586
Originating System Name
ROAM Matrix

Sale/Lease Info

Lease Purchase
No

More Information

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
Yes
Retail
Yes

Parking

None
Yes

Construction

Block
Yes
Stucco
Yes

Features

Handicap Design
Yes

Lot Description

Corner
Yes

Landlord Pays

Building Insurance
Yes
Property Taxes
Yes

Property Features

Property Type: Restaurant; Retail Features: Handicap Design Construction: Block; Stucco Lot Description: Corner Landlord Pays: Building Insurance; Property Taxes Parking: None
IDX
Listing Office: Upper Management Realty, LLC
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.