6117 Magazine Street, New Orleans, Orleans 70115

Description

For sale, 6117 Magazine Street presents a rare mixed-use investment opportunity at an exceptionally attractive price point. This fully leased property features a spacious ground-floor commercial space (ideal for owner-occupancy—contact us for more details) and three residential units on the upper floors: a 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units. The property is well-maintained and benefits from a long-term tenant history. Located at the entrance to the vibrant Magazine Street corridor, this property offers excellent access to Audubon Park and Golf Course, Tulane and Loyola Universities, and a variety of shops, restaurants, and attractions along Magazine Street. The flexible HU-B1 zoning supports a wide range of uses, including retail, office, cafe, professional services, and more.

The current ground-floor tenant has recently renewed their lease, with an option for a new owner to take over the space. This presents a prime opportunity for an owner-occupier looking to operate their business while generating rental income from the residential units above.

For additional information, see linked 6117 Magazine Street Brochure.

Detail

Zoning
HU-B1

Property Size
6,190 SqFt

Property Type
Commercial