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Retail Space with Rear Yard
For Sale
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3450 Magazine St, New Orleans, LA 70115

High ceilings, hardwood floors, a kitchenette, rear storage, and a gated front yard support retail or office occupancy.

Property SizeContact for details
Days on Market142

Property Features for 3450 Magazine St

General Information

Standard status Active
Property subtype Office
Listing Agency: Corporate Realty
Listed By: Sydney Anderson · License #LA 995682176
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:39PM

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 Corporate Realty

Investment Insights

Based on property information with market context.

Located at 3450 Magazine Street in New Orleans, this retail property provides over 1,800 SF for retail or office use. Interior features include historic hardwood flooring, ornate woodworking, high ceilings, a rear storeroom, kitchenette, and front porch. The property also includes a sizable rear yard with a storage shed and a gated front yard.

The building is currently occupied by an athletic retailer, with the lease ending in April 2023. The offering is available for sale or lease and carries a stated 6.5% cap rate for an investment purchase. Its combination of customer-facing space, support areas, and exterior storage-related improvements accommodates multiple commercial configurations.

Key Highlights

  • Over 1,800 SF of retail or office space
  • Historic hardwood flooring, ornate woodworking, and high ceilings
  • Rear storeroom, kitchenette, and front porch

Property Analytics

Current Use

Madison Lusco, LPC Counselor

Suggested Use

Top Pick Law Firm Accounting Firm Electrical Service Building Supply Daycare Center Computer & Electronic Repair

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

2,553
Businesses Nearby

Demographics for 70115, LA

31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - High ceilings, hardwood floors, a kitchenette, rear storage, and a gated front yard support retail or office occupancy.
Where is this retail space located?
The property is located at 3450 Magazine St New Orleans, LA.
What are key features of this property?
This property features: Over 1,800 SF of retail or office space; Historic hardwood flooring, ornate woodworking, and high ceilings; Rear storeroom, kitchenette, and front porch
(504) 236-7507 Call to check price and availability
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