Description
Sold, December 2022.
Available for sale or for lease, 3450 Magazine Street offers over 1,800 SF of retail or office space on bustling Magazine Street. The property is currently occupied by an athletic retailer, whose lease is up in April 2023. The property features ample retail space, historic hard-wood flooring, ornate woodworking, high ceilings, rear store room, sizable rear yard with storage shed, kitchenette, gated front yard, and front porch. The property is ideal for retail or office users, or could be purchased outright as an investment for a proforma 6.5% cap rate.
The property is in close proximity to Mahony’s, Lillette, Baru, Billy Reid, Marine Layer, UnTuckit, LuluLemon, J. McLaughlin, Pilot and Powell, Dat Dog, CVS, Poke Loa, as well as many other home decor, restaurants, and antique stores.
For additional information, see linked 3450 Magazine Street Brochure.
ZoningHU-B1
Property Size1,850 SqFt
Property TypeInvestment
Address
Address: 3450 Magazine Street
City: New Orleans
Parish: Orleans
Zip Code: 70115
Neighborhood: Magazine
