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1582 Magazine Street

New Orleans, LA 70130

1582 Magazine Street, New Orleans LAp20260928201759801356000000-20260928201957346251000000.jpgp20260928201759801356000000-20260928201957346303000000.jpgp20260928201759801356000000-20260928201957346318000000.jpgp20260928201759801356000000-20260928201957346333000000.jpgp20260928201759801356000000-20260928201957346357000000.jpgp20260928201759801356000000-20260928201957346371000000.jpgp20260928201759801356000000-20260928201957346384000000.jpgp20260928201759801356000000-20260928201957346398000000.jpgp20260928201759801356000000-20260928201957346412000000.jpgp20260928201759801356000000-20260928201957346427000000.jpgp20260928201759801356000000-20260928201957346441000000.jpgp20260928201759801356000000-20260928201957346455000000.jpgp20260928201759801356000000-20260928201957346468000000.jpgp20260928201759801356000000-20260928201957346482000000.jpgp20260928201759801356000000-20260928201957346496000000.jpgp20260928201759801356000000-20260928201957346510000000.jpgp20260928201759801356000000-20260928201957346524000000.jpgp20260928201759801356000000-20260928201957346539000000.jpgp20260928201759801356000000-20260928201957346554000000.jpgp20260928201759801356000000-20260928201957346568000000.jpgp20260928201759801356000000-20260928201957346582000000.jpgp20260928201759801356000000-20260928201957346595000000.jpg

Nearby Homes for Sale


MLS #:2579150
Beds:4
Purchase:$1,995,000
($997/sqft)
Property TypeSingle Family Residence

Status: For Sale
SqFt2,000
Total Space:5,856 Sq Ft
Baths:3
1582-84 Magazine Street Is A 5,856 Sf Two-story Building In The Lower Garden District, Currently 100% Occupied Across Two Units. The Ground Floor Currently Operates As A Coworking Space. The Second Floor Is A Licensed Four-bedroom, Three-bath Commercial Short-term Rental.the Building Was Fully Renovated In 2014, Updated Again In 2020, And Re-roofed In 2022. It's In Move-in-ready Condition. Hu-b1 Zoning Gives A Buyer Flexibility On Commercial Use.the Setup Suits An Investor Looking For Cash Flow From Day One, Or An Owner-occupant Who Wants To Run A Business Downstairs And Keep The Str Income Upstairs. The Office Tenants Can Be Vacated At Closing If Needed.**furniture Not Included - Can Be Sold Separately**highlights:- 5,856 Sf Building, Two Floors; Two Units- Ground Floor Office/co-working (~3,800sf)- Second Floor Licensed Commercial Str (~2,000sf)- Fully Renovated In 2014; Updated In 2020; New Roof In 2022- Zoned Hu-b1- Located In New Orleans Lower Garden District; Magazine St. Frontage- Strong Cash Flow For Investors; Office Can Be Vacated For Owner-occupant.

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