1582 MAGAZINE ST, New Orleans, LA 70130
1582 MAGAZINE ST, New Orleans, LA 70130
1582 MAGAZINE ST, New Orleans, LA 70130
1582 MAGAZINE ST, New Orleans, LA 70130
1582 MAGAZINE ST, New Orleans, LA 70130
1582 MAGAZINE ST, New Orleans, LA 70130
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Richard W. Hébert

Richard W. Hébert

+1(504) 617-5184
Listed byUrban Properties Real Estate, • Michael J Bucher • 504-913-0462
$ 1,995,000
Est. payment | /mo

4 Beds

3 Baths

5,856 SqFt

Save Virtual Tour
$ 1,995,000
Est. payment | /mo
Save Virtual Tour

4 Beds

3 Baths

5,856 SqFt

Key Details

Property Type Other Types

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 5,856 sqft

Price per Sqft $340

MLS Listing ID 2579150

Style Other

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 2014

Lot Dimensions 0.129

Property Sub-Type Single Family Residence

Source ROAM MLS

Land Area 5856

Property Description

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

Location

State LA

County Orleans

Interior

Cooling Central Air

Flooring Concrete, Painted/Stained, Wood

Fireplace No

Appliance Oven, Dryer, Washer, Microwave, Dishwasher

Exterior

Exterior Feature Balcony

Parking Features None

Utilities Available Natural Gas Not Available

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot

Story Two

Foundation Slab

Water Public

Architectural Style Other

New Construction No

Others

Tax ID 1582-Magazinest

Security Features Closed Circuit Camera(s)

Virtual Tour https://www.propertypanorama.com/instaview/roam/2554616

ROAM MLS

Nearby Locations

Richard W. Hébert

"Sharing New Orleans' story, one home at a time."

+1(504) 617-5184

richard@richardhebertrealtor.com

617 Julia St, New Orleans, LA 70130, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Richard W. Hébert, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1582 MAGAZINE ST