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Renovated Corner Office Building
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223 Magazine St, New Orleans, LA 70130

Renovated three-story building offers private offices and open areas on each floor with elevator and two stairwells.

Space Size10,200 SF
Days on Market272

Property Features for 223 Magazine St

General Information

Standard status Active
Size 10,200 SF
Property subtype OFFICE

Site & Location

Neighborhood Central Business District

Amenities

elevator
stairwells
conference rooms
restrooms
kitchens

Building Details

Stories 3

Spaces For Lease

at 223 Magazine St
223 Magazine For Lease $16 – $26/SF/Yr
Size 10,200 SF
Type OFFICE
Lease Type PLUS_UTILITIES_AND_JANITORIAL
Availability AVAILABLE
Renovated 3 story office building for lease at corner of Magazine and Gravier, two blocks from Canal Boulevard and Harrah's. Each floor has large perimeter private offices plus large interior open area, elevator and 2 stairwells. Entire building is for lease or each 3,400 SF floor or 1,500 SF on ground floor. Ground floor for lease at $26/SF and floors 2 and 3 for lease at $16/SF. Ground floor 3,400 SF space offers 8 private offices, 2 large open areas, conference rooms 2 restrooms and 2 large open areas. Entrance to elevator is from 511 Gravier but can be configured with Magazine street entrance for restaurant or retail. See floor plan. Suite 101, left side of ground floor is 1,500 RSF including 3 private offices, conference room, large 17 x 32 cubicle open area and restroom. Offers private entrance from Gravier Street.2nd floor 3,400 SF offers 3 large offices, 2 restrooms, kitchen, conference room and 2 large open areas. See floor plan.3rd floor 3,400 SF offers 7 private offices, 2 restrooms, kitchen and large two-level 77 x 30 foot open area. See floor plan.
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Listing Agency: Mississippi Commercial Realty
Listed By: Robert Hand, MBA, SIOR, CCIM
Source: Moodyscre
Added: Jan 24 Changed: Oct 8 Last Checked: Oct 23 at 11:16AM

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 Mississippi Commercial Realty

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Investment Insights

Based on property information with market context.

Renovated three-story office building available for lease at a corner location. The building includes an elevator and two stairwells and provides a layout of large perimeter private offices plus large interior open areas on each floor. The offering may be leased as the entire building or as individual floor spaces.

Suite options include a 1,500 SF ground floor space with three private offices, a conference room, a large 17 x 32 cubicle open area, and a restroom, with a private entrance from Gravier Street. The second floor provides 3 large offices, 2 restrooms, a kitchen, a conference room, and two large open areas. The third floor includes 7 private offices, 2 restrooms, a kitchen, and a large two-level 77 x 30 foot open area.

The building is described as being two blocks from Canal Boulevard and Harrah’s. An entrance to the elevator is from 511 Gravier, but it can be configured with a Magazine Street entrance for restaurant or retail, subject to plan review.

Key Highlights

  • Renovated three‑story office building for lease at the corner of Magazine and Gravier.
  • Each floor includes large perimeter private offices, large interior open areas, an elevator, and two stairwells.
  • Ground floor for lease: 1,500 SF with 3 private offices, conference room, 17 x 32 cubicle open area, and restroom; private entrance from Gravier.

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Emergency Dental LA Dental Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store HVAC Service Locksmith Nursing Home Butcher

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,455
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

Lease Benchmarks for New Orleans, LA

$19.42 /SF/Yr
Avg Asking Price
$1.58–$41.56 /SF/Yr
Price Range
28,087 SF
Avg Space Size

This space is priced 18% below the average of $19.42 /SF/Yr.

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?
Office building - Renovated three-story building offers private offices and open areas on each floor with elevator and two stairwells.
Where is this office building located?
The property is located at 223 Magazine St New Orleans, LA.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Renovated three‑story office building for lease at the corner of Magazine and Gravier.; Each floor includes large perimeter private offices, large interior open areas, an elevator, and two stairwells.; Ground floor for lease: 1,500 SF with 3 private offices, conference room, 17 x 32 cubicle open area, and restroom; private entrance from Gravier.
(601) 520-9096 Call to check price and availability
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