5933-35 Magazine St , New Orleans, Louisiana

$1,600,000

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3,022

Square feet

About 5933-35 Magazine St

Discover an exceptional commercial real estate property located on the highly desirable Magazine Street. This versatile property offers a rare blend of commercial and residential income streams, perfect for a savvy investor or an owner-occupant. The property features two distinct commercial units, each approximately 1,500 sq. ft. The ground floor unit boasts an open floor plan, previously a long term hair salon and spa. The upper unit provides a professional layout with two large offices/rooms, formerly utilized as a doctor's office. As this property is zoned HU-B1 there are many possibilities for use offering incredible flexibility for new ventures. Adding significant value is a separate, detached 2-bedroom, 2-full bathroom residential unit with two private parking spaces below. A major advantage for any owner is the property's location is in an X flood zone. This unique, high-potential property won't last long on the market. Inquire today to explore this outstanding investment!

Features of 5933-35 Magazine St

MLS® # 2527071
Price $1,600,000
Bathrooms 0.00
Square Footage 3,022
Year Built 1914
Type Commercial Sale
Status Active

Community Information

Address 5933-35 Magazine St
City New Orleans
County Orleans
State Louisiana
Zip Code 70115

Amenities

Parking Off Street, Three or more Spaces
Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Exterior HardiPlank Type, Vinyl Siding
Lot Description City Lot, Rectangular Lot
Construction HardiPlank Type, Vinyl Siding

Additional Information

Days on Market 2
Zoning HU-B1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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