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Mixed-Use Building with Parking
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1350 Magazine Street, New Orleans, LA 70130

Two commercial suites and two leased apartments combine office, retail, and residential space under HU-MU zoning.

Property SizeContact for details
Days on Market6

Property Features for 1350 Magazine Street

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use
Listing Agency: The McEnery Company
Listed By: Parke McEnery · License #LA
Source: Crexi
Added: Sep 22 Changed: Sep 26 Last Checked: Sep 26 at 2:44PM

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 The McEnery Company

Investment Insights

Based on property information with market context.

Completed in 2019, this 4,957-square-foot mixed-use property has two commercial suites at street level and two apartments above. The commercial space includes an 889-square-foot suite leased to Edward Jones and a 972-square-foot owner-occupied office that may be conveyed vacant or under a leaseback arrangement. Each apartment measures approximately 1,286 square feet and has two bedrooms and two bathrooms; both are leased. HU-MU zoning applies to the property.

Building features include modern HVAC, tankless water heaters, spray-foam insulation, a standing-seam metal roof, security cameras, keyless entry, and a sprinkler system. Water and electricity are separately metered for each unit. A gated parking area at the rear accommodates approximately four vehicles.

Key Highlights

  • 4,957‑square‑foot mixed‑use property completed in 2019
  • Two leased apartments, each approximately 1,286 square feet with two bedrooms and two bathrooms
  • 889‑square‑foot commercial suite leased to Edward Jones

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Tanning Salon Pet Grooming Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,899
Businesses Nearby

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial suites and two leased apartments combine office, retail, and residential space under HU-MU zoning.
Where is this mixed-use property located?
The property is located at 1350 Magazine Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 4,957‑square‑foot mixed‑use property completed in 2019; Two leased apartments, each approximately 1,286 square feet with two bedrooms and two bathrooms; 889‑square‑foot commercial suite leased to Edward Jones
(504) 274-2701 Call to check price and availability
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