Three-Unit Mixed-Use
For Sale
Contact for pricing
Pending
5631 Magazine St, New Orleans, LA 70115
Three commercial suites combine retail storefronts with a private office layout, kitchen, conference area, and off-street parking.
Property SizeContact for details
Days on Market140
Property Features for 5631 Magazine St
General Information
Standard status
Pending
Property subtype
Mixed Use, Office, Retail
Additional Details
Gross Income
$129,000
Office Units
1
Building Details
Buildings
1
Tenancy
Multi
Owner Occupied
No
Listing Agency:
Ben + Burka Commercial Real Estate
(504) 301-1002
Listed By:
Aaron Kazanoff · License #LA 0995700882
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 1:54PM
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.
This mixed-use property is arranged as three commercial units, including two retail suites and a rear office space. The corner retail suite measures approximately 300 SF and operates under an absolute NNN lease with five years remaining on its initial term. The second retail occupant has renewed for an additional 1.5-year term on an NNN lease.
The rear suite was converted from a residential unit into a boutique office configuration with three private offices, a full kitchen, conference area, reception, and off-street parking. It is leased month-to-month and is also available for an owner-occupant. The property sits directly across from Whole Foods on Magazine Street in Uptown New Orleans, placing the commercial units along an established retail and office corridor.
The rear suite was converted from a residential unit into a boutique office configuration with three private offices, a full kitchen, conference area, reception, and off-street parking. It is leased month-to-month and is also available for an owner-occupant. The property sits directly across from Whole Foods on Magazine Street in Uptown New Orleans, placing the commercial units along an established retail and office corridor.
Key Highlights
- Three commercial units: two retail suites and one rear office suite
- Approximately 300 SF corner retail suite with an absolute NNN lease and five years remaining
- Second retail suite renewed for an additional 1.5‑year term under an NNN lease
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,605
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial suites combine retail storefronts with a private office layout, kitchen, conference area, and off-street parking.
Where is this mixed-use property located?
The property is located at 5631 Magazine St New Orleans, LA.
What are key features of this property?
This property features: Three commercial units: two retail suites and one rear office suite; Approximately 300 SF corner retail suite with an absolute NNN lease and five years remaining; Second retail suite renewed for an additional 1.5‑year term under an NNN lease
