6117 Magazine St – Uptown Retail / Commercial

$999,000.00

Additional Info

Street6117 Magazine St.
CityNew Orleans
StateLouisiana
CountryUnited States
Zip/Postal Code70115

A rare mixed-use investment opportunity at an exceptionally attractive price point. This fully leased property features a spacious ground-floor commercial space (ideal for owner-occupancy—contact us for more details) and three residential units on the upper floors: a 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. The property is well-maintained and benefits from a long-term tenant history. Located at the entrance to the vibrant Magazine Street corridor, this property offers excellent access to Audubon Park and Golf Course, Tulane and Loyola Universities, and a variety of shops, restaurants, and attractions along Magazine Street. The flexible HU-B1 zoning supports a wide range of uses, including retail, office, cafe, professional services, and more. The current ground-floor tenant has recently renewed their lease, with an option for a new owner to take over the space. This presents a prime opportunity for an owner-occupier looking to operate their business while generating rental income from the residential units above.

November 19, 2024 9:20 am

31 days, 4 hours

Listing ID 37673cacb02bdd6 26 total views, 0 today