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$ 3,500,000
Est. payment /mo
Pending
4933-35 MAGAZINE ST New Orleans, LA 70115
11,181 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 11,181 sqft
Price per Sqft $313
MLS Listing ID 2542586
HOA Y/N No
Year Built 1920
Property 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.
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.
Location
State LA
County Orleans
Zoning HU-B1
Interior
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description Corner Lot, City Lot
Dwelling Type Mixed Use,Retail
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 614201901
Security Features Fire Sprinkler System
Special Listing Condition None
Listed by Upper Management Realty, LLC
Schools Near
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