3801 Magazine St - Freestanding FOR SALE


New Orleans, LA 70115- Milan
$2,450,000 USD
504-301-1002
3801 Magazine St, New Orleans, LA for Sale
$2,450,000 USD
Freestanding - FOR SALE
1/21
null | Request Cap Rate

3801 Magazine St
New Orleans, LA 70115
Milan


OVERVIEW

Available for sale, 3801 Magazine Street presents a rare corner mixed-use opportunity at the gateway to the most sought-after stretch of Magazine Street. The property includes approximately ±2,800 SF of prime ground-floor retail and ±2,500 SF of well-appointed second-floor office space. The retail space is currently occupied by Mignon Faget, a longstanding regional jeweler with deep ties to the location, on a month-to-month basis, while the upstairs is leased to two office tenants on short-term arrangements—offering income in place and near-term flexibility for an investor, owner-user, or developer. Positioned at the corner of Magazine and Peniston Streets, the building features soaring ceilings, expansive storefront windows, a rear storage area, off-street parking for three vehicles, a historic corner awning, prominent signage, and a stately architectural presence that commands attention. The property sits among some of the corridor’s strongest national retailers, including Reformation, Tasc, Billy Reid, Marine Layer, UNTUCKit, Gorjana, Free People, and many others, placing it squarely within the highest-performing retail node of Uptown New Orleans.

FOR SALE DETAILS

PRICE

$2,450,000 USD

PRICE/SF

$436 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

HU-B1

APN/PARCEL ID

6-14-2-007-15

ASK ABOUT THIS PROPERTY

Ben Jacobsonben + burkaMore Info
504-301-1002

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Ben Jacobsonben + burkaMore Info
504-301-1002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.