Historic Mixed-Use Storefront
For Sale
Contact for pricing
2842 Magazine St, New Orleans, LA 70130
Expansive ground-floor commercial space with two residential units above, plus a conditioned rear shed area.
Property Size5,000 SF
Days on Market120
Property Features for 2842 Magazine St
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Additional Details
Multifamily Units
2
Building Details
Stories
2
Listing Agency:
Ben + Burka Commercial Real Estate
(504) 301-1002
Listed By:
Aaron Kazanoff · License #LA 0995700882
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 1:07AM
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 Ben + Burka Commercial Real Estate
Investment Insights
Based on property information with market context.
2842–44 Magazine Street is a gated historic property featuring an expansive ground floor commercial space and two residential units on the second floor, including a 1-bedroom apartment and a studio apartment with loft. The building totals nearly 5,000 SF and includes original hardwood flooring, high ceilings, historical detailing, and ample natural light. A well-manicured rear courtyard area supports the ground floor tenant, and there is also a conditioned rear shed space totaling approximately 100 SF.
All leases are month-to-month, offering flexibility for an owner-operator and additional rental income. The property is located on Magazine Street near a range of national and local retailers, restaurants, and businesses, including Chipotle, Sake Cafe, West Elm, Starbucks, and Walgreens.
Renovations have been completed, and the ground floor and upper units present as a mixed-use configuration suitable for an operator seeking commercial income alongside residential rent.
All leases are month-to-month, offering flexibility for an owner-operator and additional rental income. The property is located on Magazine Street near a range of national and local retailers, restaurants, and businesses, including Chipotle, Sake Cafe, West Elm, Starbucks, and Walgreens.
Renovations have been completed, and the ground floor and upper units present as a mixed-use configuration suitable for an operator seeking commercial income alongside residential rent.
Key Highlights
- Nearly 5,000 SF gated former center hall cottage with expansive ground‑floor commercial space
- Second floor includes a 1‑bedroom apartment plus a studio apartment with loft
- All leases are month‑to‑month, offering flexibility for an owner‑operator or re‑tenanting
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,656
Businesses Nearby
64k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 36%
Groceries 35%
Home Improvements & Furnishings 11%
Shops & Services 10%
The Fresh Market
Groceries
22,387 visits/mo
0.5 miles
Starbucks
Dining
16,635 visits/mo
0.1 miles
Floor & Decor
Home Improvements & Furnishings
6,964 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
6,633 visits/mo
0.1 miles
Lush Cosmetics
Beauty & Spa
5,387 visits/mo
0.2 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
Vacancy Rate% for Retail in New Orleans, LA
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Similar Off Market Nearby
- Harkins the Florist Inc — 1601 Magazine St, New Orleans, LA 70130
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- Pamela Dennis Flowers — 2727 Prytania St Suite 16, New Orleans, LA 70130
Frequently Asked Questions
What type of property is this?
Storefront property - Expansive ground-floor commercial space with two residential units above, plus a conditioned rear shed area.
Where is this storefront property located?
The property is located at 2842 Magazine St New Orleans, LA.
What are key features of this property?
This property features: Nearly 5,000 SF gated former center hall cottage with expansive ground‑floor commercial space; Second floor includes a 1‑bedroom apartment plus a studio apartment with loft; All leases are month‑to‑month, offering flexibility for an owner‑operator or re‑tenanting
