3341 MAGAZINE Street, New Orleans, LA 70115

Building Details

Year Built

1920

Listing office Ben & Burka

Listing date Apr 23, 2025

Source Talbot-realty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Ben & Burka

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Overview

3341 Magazine Street is a mixed-use corner property with restaurant space on the ground floor and two renovated 1-bedroom apartments on the second floor. The ground floor is currently occupied by Poke Loa under a NNN lease that expires in 2026. The restaurant includes multiple seating areas, large walk-ins, several food prep areas, and a retail/serving counter, along with large storefront windows and wraparound historic awning details.

The building is located on the corner of Louisiana Ave and Magazine Street, described as extremely visible and high-traffic. The property sits along one of the busiest stretches of Magazine Street, with nearby dining and retail uses throughout the corridor.

For restaurant owner-operators or investors, the layout offers an income-producing combination of street-level restaurant operations and residential units above. With one apartment on a month-to-month lease and the other leased through December 2025, the second-floor configuration provides current rental income while retaining flexibility around near-term tenancy timing. The property is reported to be in excellent condition with no deferred maintenance.

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

New Orleans

County

Jefferson

State

Louisiana

Longitude

-90.0887479

Latitude

29.9232073

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FAQs

What type of property is this?

Conventional restaurant - Ground-floor restaurant on an NNN lease with two renovated 1-bedroom apartments above on a highly visible corner.

Where is this conventional restaurant located?

The property is located at 3341 MAGAZINE Street New Orleans, LA.

What is the asking price?

The asking price for this property is $2,650,000.

What are key features of this property?

This property features: Highly visible corner at Louisiana Ave and Magazine Street with a ground‑floor restaurant space on an NNN lease; NNN tenant Poke Loa on the ground floor; lease expires in 2026; Two renovated 1‑bedroom apartments above with in‑unit laundry and exterior balcony space