Search
Renovated Mixed-Use Space
New
For Lease
$2,400/Mo

5823 MAGAZINE Street, New Orleans, LA 70115

Lease, New Orleans, LA

Space Size750 SF
Days on Market2

Property Features for 5823 MAGAZINE Street

General Information

Property type Residential
Property subtype Office
Zoning HU-B1
Patio and Porch features Porch
Exterior features Porch
Lot features Regular
Standard status Active
APN 615103203
Size 750 SF

Taxes and HOA fees

Expense value 2400
Expense SecurityDeposit
Expense freq. One Time

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 1
Listing Agency: Homesmart Realty South · HomeSmart International
Listed By: Karen Calamia · License #000051741
Added: Sep 3 Last Checked: Sep 4 at 12:06PM
MLS# 2575651

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 750-square-foot mixed-use space occupies the right-side unit of a shotgun-style layout at 5823 Magazine Street. Renovated in 2023, the interior features wood flooring and substantial natural light, with central heating and central air conditioning. A porch adds exterior space, while HU-B1 zoning supports the property’s mixed-use classification.

The site is in New Orleans near Nashville Avenue, with Whole Foods, District Donuts, Kendra Scott, Saba Restaurant, Main Squeeze Juice Co., Reginelli’s Pizza, and Starbucks located within two blocks. Public water serves the property, which was originally built in 1920.

Key Highlights

  • 750 square feet of mixed‑use space
  • Renovated in 2023 with wood flooring and strong natural light
  • HU‑B1 zoning

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Barber Shop Grocery & Convenience Store Dental Office Food Market Auto Parts 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

NNN (Triple Net)
Lease Type
$5.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,605
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

Lease Benchmarks for New Orleans, LA

$28.77 /SF/Yr
Avg Asking Price
$13–$50.06 /SF/Yr
Price Range
79,635 SF
Avg Space Size

This space is priced 33% above the average of $28.77 /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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated commercial space with wood floors, abundant daylight, and a covered porch.
Where is this mixed-use property located?
The property is located at 5823 MAGAZINE Street New Orleans, LA.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: 750 square feet of mixed‑use space; Renovated in 2023 with wood flooring and strong natural light; HU‑B1 zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message