1582 Magazine Street

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.
* Monthly Mortgage approximation does not include taxes, insurance, PMI, etc. All information on this website should be considered reliable, but not guaranteed.
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