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1418 Magazine Street

1418 Magazine Street New Orleans, LA 70130

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Overview

Prime Garden District Mixed-Use Property at 1418 Magazine St. 1418 Magazine St is a mixed-use property comprising 3 fully-occupied units: 1 commercial and 2 residential. The entire downstairs unit is currently utilized as a restaurant, leased through 2026 by Surrey's Cafe, which has been there for over 18 years. The residential units comprise the entire second floor, both with balconies and exterior space overlooking Magazine Street. This property is fully occupied with potential for rent increases. Located in the heart of the Garden District, it is in close proximity to New Orleans CBD and major tourism locations. Owner- Agent

For Sale

Retail
Sale Price
$925,000
Price Per SF
$291.4/SF
Building Size
3,174 SF
Acres
0.085 ac
Zoning
HU-RD2 – HISTORIC URBAN TWOFAMILY RESIDENTIAL DISTRICT
Number of Buildings
1
Floors
2
Construction Siding
Concrete
Construction Type
Framed
Rentable SF
3,174
Submarket
Uptown-Garden District
Nearest MSA
New Orleans-Metairie
Property Status
Existing
Lot Size
28' x 127'
County
Orleans Parish
Created
2024-07-31
Updated
2024-10-15
Listing ID
d39ae989
Parcel APN
101104103