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5924 Magazine St
New Orleans, LA 70115
Retail Property For Sale
EXECUTIVE SUMMARY
This mixed-use building offers prime retail space on the first floor and apartments on the second floor. The ground floor is ideal for a variety of low-traffic retail concepts such as a clothing boutique, art gallery, or similar uses. The second floor includes 2 fully-furnished residential units. Both units are 1BR/1BA, 962 SF, and include charming features like hardwood floors, renovated kitchens, and large windows overlooking Magazine Street. Tenants also enjoy access to a courtyard and shed, adding to the property’s appeal.
All showings must be scheduled with the listing agent with at least 24 hours’ notice.
All showings must be scheduled with the listing agent with at least 24 hours’ notice.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,849 SF
Building Class
B
Year Built
1950
Price
$1,200,000
Price Per SF
$311.77
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.72
Lot Size
0.12 AC
Zoning
HU-B1
Frontage
88’ on Magazine Street
PROPERTY TAXES
| Parcel Number | 6-15-1-027-15 | Improvements Assessment | $52,060 |
| Land Assessment | $23,960 | Total Assessment | $76,020 |
PROPERTY TAXES
Parcel Number
6-15-1-027-15
Land Assessment
$23,960
Improvements Assessment
$52,060
Total Assessment
$76,020
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