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Ground-Floor Coworking Space

1582 Magazine St, New Orleans, LA 70130

For Lease
$35 SF/Yr

Renovated workspace with conference rooms, private phone booths, a full kitchen, and an enclosed courtyard.

Space SizeContact for details
Days on Market65

Property Features for 1582 Magazine St

General Information

Standard status Active
Property subtype Office
Zoning HU-B1
Lease Type NNN

Site & Location

Neighborhood Lower Garden District

Amenities

Power
Water
Sewer

Building Details

Year Built 2014
Tenancy Single Tenant

Spaces For Lease

at 1582 Magazine St
Available Space $35/Mo
Contact us
Listing Agency: SVN Urban Properties
Listed By: Michael Bucher · License #BROK.995719611-ACT
Source: Lacdb.resimplifi
Added: Sep 4 Changed: Oct 26 Last Checked: Nov 6 at 5:03AM

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 SVN Urban Properties

Rey
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Investment Insights

Based on property information with market context.

This approximately 3,800-square-foot, ground-floor coworking suite is configured for immediate occupancy and includes three conference rooms, two private phone booths, and a kitchen equipped with a refrigerator, microwave, and dishwasher. The space was renovated in 2014, updated in 2020, and received a new roof in 2022. A private courtyard adds outdoor seating, a shaded picnic area, and a ping-pong table for breaks or informal gatherings.

The property fronts Magazine Street in New Orleans’ Lower Garden District and carries HU-B1 zoning, identified as the Historic Urban Neighborhood Business District. The location has a Walk Score of 96, with direct street frontage supporting an accessible office presence.

The combination of collaborative meeting areas, quiet work zones, kitchen facilities, and private outdoor space provides a varied coworking layout within a single suite.

Key Highlights

  • Approximately 3,800‑square‑foot ground‑floor coworking suite
  • Three dedicated conference rooms and two private phone booths
  • Renovated in 2014, updated in 2020, with a new roof installed in 2022

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Urban HUB Coworking & Hybrid Office Deveney Corporate Office SVN | Urban Properties Real Estate Agency Roux Creative Agency Advertising Agency RentCheck Property Management Company

Suggested Use

Top Pick Dental Office Barber Shop (Bike/Boat/Book/etc) Store Acupuncture Electrical Service Mobile Phone Store

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

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,342
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
View Realmo Analytics

Market

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025

Frequently Asked Questions

What type of property is this?
Coworking space - Renovated workspace with conference rooms, private phone booths, a full kitchen, and an enclosed courtyard.
Where is this coworking space located?
The property is located at 1582 Magazine St New Orleans, LA.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Approximately 3,800‑square‑foot ground‑floor coworking suite; Three dedicated conference rooms and two private phone booths; Renovated in 2014, updated in 2020, with a new roof installed in 2022
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