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Magazine Street Retail Opportunity
For Lease
$2,650/Mo

2138 MAGAZINE Street, New Orleans, LA 70130

SINGLE_FAMILY - New Orleans, LA

Property Size1,014 SF
Days on Market251

Property Features for 2138 MAGAZINE Street

General Information

Property type Residential
Property subtype Retail
Zoning CU
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Lot features Regular
Standard status Active
APN 2138Magazine-St
Size 1,014 SF

Taxes and HOA fees

Expense value 2650
Expense SecurityDeposit
Expense freq. One Time

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1880
Floors in Building 1
Architectural style Other
Listing Agency: Keller Williams Realty New Orleans
Listed By: Chris Smith · License #0638748
Added: Nov 21, 2025 Changed: Jul 28 Last Checked: Jul 30 at 11:06PM
MLS# 2531975

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial space is located at the corner of Magazine Street and Jackson Avenue. Two commercial suites have been combined to create a large, open footprint. Suite B fronts Magazine Street and Suite C fronts Jackson Avenue. Businesses can secure both suites together. The layout supports a range of commercial concepts, with exposure from every angle. The location is beside PJ's Coffee House's flagship store, surrounded by anchor tenants and neighboring businesses, with constant foot and street traffic. Magazine Street draws visitation from residents, tourists, and walking tours that regularly pass through the Garden District, the Irish Channel, and surrounding neighborhoods. Suite B is available for rent. Suite C is available for rent. The property size is 1014 square feet.

Key Highlights

  • Ground‑floor commercial offering at the corner of Magazine Street & Jackson Avenue (New Orleans)
  • Two commercial suites combined for a larger, open, functional footprint
  • Suite B fronts Magazine Street: $3,500/month NNN

Property Analytics

Current Use

Gallery B. Fos Art Gallery

Suggested Use

Top Pick Electrical Service HVAC Service Acupuncture (Bike/Boat/Book/etc) Store Tanning Salon 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
$4.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,223
Businesses Nearby
88k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 52% Shops & Services 27% Home Improvements & Furnishings 10% Beauty & Spa 7%
Starbucks Dining
16,635 visits/mo 0.4 miles
Houston's Dining
15,342 visits/mo 0.5 miles
Shell Shops & Services
10,496 visits/mo 0.0 miles
Chase Bank Shops & Services
8,500 visits/mo 0.4 miles
Floor & Decor Home Improvements & Furnishings
6,964 visits/mo 0.4 miles

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

Market

Lease Benchmarks for New Orleans, LA

$28.86 /SF/Yr
Avg Asking Price
$6.84–$66.67 /SF/Yr
Price Range
3,373 SF
Avg Space Size

This space is priced 9% above the average of $28.86 /SF/Yr.

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail space on Magazine Street in New Orleans.
Where is this retail space located?
The property is located at 2138 MAGAZINE Street New Orleans, LA.
What is the lease rate?
The lease rate is $2,650 /Mo.
What are key features of this property?
This property features: Ground‑floor commercial offering at the corner of Magazine Street & Jackson Avenue (New Orleans); Two commercial suites combined for a larger, open, functional footprint; Suite B fronts Magazine Street: $3,500/month NNN
More about this property
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