Active
1900 Block of Magazine Street Portfolio
1904 Magazine St New Orleans, LA 70130
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Overview
Prominently located in the dynamic corridor of the 1900 block of Magazine Street, the portfolio consists of 4 retail properties totaling 11,200 square feet that are all occupied by separate tenants. 10,880 SF of contiguous space, approximately 6,480 SF of ground floor, allows for a variety of redevelopment opportunities.
Take advantage of this prime opportunity to acquire under rented retail spaces approaching the end of lease term near the highly anticipated River District development.
Portfolio consists of 1904 Magazine St, 1906 Magazine St, 1908 / 1910 Magazine St, 1912 Magazine St, respectively leased to Stardust Salon and Day Spa, The Tasting Room, vacant space, and Parish Parlor.
Nearby restaurants, retail shops, bars, and personal service establishments create a cohesive environment that is easily accessible by residents of the Lower Garden District, the Irish Chanel, and the incoming mixed use River District development.
Links
For Sale
Retail
Secondary Uses: Mixed Use
- Sale Price
- $2,850,000
- Price Per SF
- $254.5/SF
- Cap Rate
- 8%
- Building Size
- 11,200 SF
- Acres
- 0.149 ac
- Zoning
- HU-B1
- Building Class
- B
- Max Contiguous
- 16,352
- Number of Buildings
- 4
- Floors
- 2
- Construction Siding
- Brick
- Submarket
- Uptown-Garden District
- County
- Orleans Parish
- Created
- 2024-03-06
- Updated
- 2025-04-25
- Listing ID
- 816dfb6e