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Corner Mixed-Use Building
For Sale
$2,450,000

3801 Magazine Street, New Orleans, LA 70115

Ground-floor retail and second-floor office space with off-street parking for three vehicles and a rear storage area.

Property Size5,490 SF
Price / SF$462.26
Days on Market147

Property Features for 3801 Magazine Street

General Information

Standard status Active
Size 5,490 SF
Class Trophy
Total Parking Spaces 3
Property subtype Commercial
Zoning HU-B1

Additional Details

Office Units 2

Amenities

soaring ceilings
expansive storefront windows
rear storage area
historic corner awning
prominent signage

Building Details

Building Size 5,490 SF
Year Built 1940
Stories 2
Tenancy Multi
Listing Agency: Ben & Burka
Listed By: Aaron Kazanoff · License #0995700882
Source: Nolalivingrealty
Added: Mar 31 Changed: Aug 23 Last Checked: Aug 22 at 4:29PM

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

Investment Insights

Based on property information with market context.

Available for sale, 3801 Magazine St offers a corner mixed-use configuration with approximately 2,800 SF of ground-floor retail and approximately 2,500 SF of second-floor office space. The retail portion is currently occupied by Mignon Faget on a month-to-month basis. The second floor is leased to two office tenants on short-term arrangements.

The building is positioned at the corner of Magazine and Peniston Streets and features soaring ceilings, expansive storefront windows, a rear storage area, off-street parking for three vehicles, and a historic corner awning with prominent signage.

The property is located within a retail corridor that includes nearby national retailers such as Reformation, Tasc, Billy Reid, Marine Layer, UNTUCKit, Gorjana, and Free People, supporting strong everyday walk-in demand for neighborhood services and apparel retail.

Key Highlights

  • Corner mixed‑use building at Magazine St and Peniston St with ground‑floor retail plus second‑floor office space
  • Approximately 2,800 SF ground‑floor retail currently occupied by Mignon Faget on a month‑to‑month basis
  • Approximately 2,500 SF second‑floor office leased to two tenants on short‑term arrangements

Property Analytics

Current Use

Mignon Faget (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Accounting Firm Building Supply Daycare Center Computer & Electronic Repair Auto Parts Store Grocery & Convenience 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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,724
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?
Mixed-use property - Ground-floor retail and second-floor office space with off-street parking for three vehicles and a rear storage area.
Where is this mixed-use property located?
The property is located at 3801 Magazine Street New Orleans, LA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Corner mixed‑use building at Magazine St and Peniston St with ground‑floor retail plus second‑floor office space; Approximately 2,800 SF ground‑floor retail currently occupied by Mignon Faget on a month‑to‑month basis; Approximately 2,500 SF second‑floor office leased to two tenants on short‑term arrangements
More about this property
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