Mixed-Use Art Deco
3138 Magazine St New Orleans, LA 70115
For Sale
Contact for pricing
Art Deco building with four ground-floor commercial spaces and four residential units, fully occupied and generating gross income.
Property Size13,412 SF
Days on Market104
Property Features for 3138 Magazine St
General Information
- Standard status
- Active
- Size
- 13,412 SF
- Property subtype
- Retail, Multifamily, Hospitality, Mixed Use
Listing Agency:
Crescent Sotheby's International Realty
(504) 621-7433
Listed By:
Liz Baer · License #995706307
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 23 at 11:44AM
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 Crescent Sotheby's International Realty
Investment Insights
Based on property information with market context.
Iconic Art Deco building totaling 13,412 square feet, with four commercial spaces on the ground floor totaling 7,048 square feet, and four residential units totaling 6,364 square feet, including a 684-square-foot balcony. The property is currently 100% occupied, with commercial tenants including a jewelry store, gym, bubble tea shop, and bakery.
The residential units feature 11-foot ceilings, original hardwood floors, plentiful large double-paned sound-reducing windows, stainless-steel appliances, and a washer/dryer in each unit. Zoned HU-B1, the property is centrally located in Uptown New Orleans, less than a half mile from St. Charles Ave and a few miles from the French Quarter, tourist attractions, and the interstate.
Preliminary research indicates zoning would allow a 2,000-square-foot third-floor addition and a rooftop deck, and a possible condo conversion, subject to buyer verification of all zoning and plans.
The residential units feature 11-foot ceilings, original hardwood floors, plentiful large double-paned sound-reducing windows, stainless-steel appliances, and a washer/dryer in each unit. Zoned HU-B1, the property is centrally located in Uptown New Orleans, less than a half mile from St. Charles Ave and a few miles from the French Quarter, tourist attractions, and the interstate.
Preliminary research indicates zoning would allow a 2,000-square-foot third-floor addition and a rooftop deck, and a possible condo conversion, subject to buyer verification of all zoning and plans.
Key Highlights
- Iconic Art Deco 13,412 SF building with 4 ground‑floor commercial spaces and 4 residential units
- Fully occupied with gross income over $340,000 annually; commercial tenants include a jewelry store, gym, bubble tea shop, and bakery
- Residential units total 6,364 SF with a 684 SF balcony; unit mix ranges from 2–3 bedrooms/2 bath
Property Analytics
Location Intelligence
Current Use by Public Records
Fit Therapy
Gym & Fitness Center
Alkemy Salon
Hair Salon
Jose Balli Jewelry
(Bike/Boat/Book/etc) Store
Levee Baking Co.
Bakery
Design Within Reach
Furniture & Home Goods
FAQs
What type of property is this?
Quadplex - Art Deco building with four ground-floor commercial spaces and four residential units, fully occupied and generating gross income.
Where is this quadplex located?
The property is located at 3138 Magazine St New Orleans, LA.
What are key features of this property?
This property features: Iconic Art Deco 13,412 SF building with 4 ground‑floor commercial spaces and 4 residential units; Fully occupied with gross income over $340,000 annually; commercial tenants include a jewelry store, gym, bubble tea shop, and bakery; Residential units total 6,364 SF with a 684 SF balcony; unit mix ranges from 2–3 bedrooms/2 bath