5924 Magazine St - Storefront Retail/Office FOR SALE


New Orleans, LA 70115- West Riverside
$1,375,000 USD
504-339-2136
5924 Magazine St, New Orleans, LA for Sale
$1,375,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

5924 Magazine St
New Orleans, LA 70115
West Riverside


OVERVIEW

This mixed-use building offers prime retail space on the first floor and apartments on the second floor. The ground floor is ideal for a variety of low-traffic retail concepts such as a clothing boutique, art gallery, or similar uses. The second floor includes 2 fully-furnished residential units. Both units are 1BR/1BA, 962 SF, and include charming features like hardwood floors, renovated kitchens, and large windows overlooking Magazine Street. Tenants also enjoy access to a courtyard and shed, adding to the property’s appeal. All showings must be scheduled with the listing agent with at least 24 hours’ notice.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$688 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,370 SF

ZONING

HU-B1

APN/PARCEL ID

6-15-1-027-15

ASK ABOUT THIS PROPERTY

Matt EatonSoutheast Commercial Real EstateMore Info
504-339-2136

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Matt EatonSoutheast Commercial Real EstateMore Info
504-339-2136

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