5933-5935 Magazine St – Uptown Commercial
$1,500,000.00
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Additional Info
Street | 5933 Magazine St. |
City | New Orleans |
State | Louisiana |
Country | United States |
Zip/Postal Code | 70115 |
Beautiful commercial building consisting of 2 commercial units with approximately 1500 sq ft each unit. Bottom unit was previously a long term hair salon & spa business, the upper unit was previously a long term tenant occupying it as a doctors office. Current owner did not renew any of the leases to give the opportunity for a new investor to purchase the property or owner occupy the property. This property also consists of a detached residential 2 bedroom 2 full bathroom unit with 2 private parking spaces below the unit. This unit was previously rented furnished for $4,000/month. Current owner has interest in a new business opportunity and is finally unloading this property. This property is perfect for either any investor or owner occupied tenant with the opportunity to collect additional commercial income. Another plus, this property is in an X flood zone so does not require flood insurance.
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