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Mixed-Use Space with Wood Floors
For Lease
$2,400/Mo

5823 MAGAZINE Street, New Orleans, LA 70115

Commercial Lease, New Orleans, LA

Space Size750 SF
Days on Market57

Property Features for 5823 MAGAZINE Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning HU-B1
Standard status Active
APN 615103203
Size 750 SF

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Multi Units, Central Air
Water source Public

Building Details

Year built 1920
Floors in Building 1
Listing Agency: Homesmart Realty South - Metairie · HomeSmart International
Listed By: Karen L Calamia · License #000051741
Added: Sep 3 Changed: Oct 29 Last Checked: Oct 29 at 10:06AM
MLS# 2575651

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 750-square-foot mixed-use unit features a shotgun-style layout, wood flooring, and abundant daylight. Renovation work was completed in 2023. The available space is the unit on the right, with central heating and central air conditioning. The property is zoned HU-B1.

The Magazine Street address is just off Nashville. Whole Foods, District Donuts, Kendra Scott, Saba Restaurant, Main Squeeze Juice Co, Reginelli's Pizza, and Starbucks are among the neighborhood businesses within two blocks.

Key Highlights

  • 750 square feet of mixed‑use space
  • Renovated in 2023; shotgun‑style layout with wood flooring and abundant daylight
  • HU‑B1 zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mixed-use properties

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for New Orleans, LA

$27.76 /SF/Yr
Avg Asking Price
$9.87–$48 /SF/Yr
Price Range
35,430 SF
Avg Space Size

This space is priced 38% above the average of $27.76 /SF/Yr.

Frequently Asked Questions

What type of property is this?
Mixed-use property - A 2023 renovation and central heating and cooling serve this compact commercial space near neighborhood retailers and restaurants.
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; shotgun‑style layout with wood flooring and abundant daylight; HU‑B1 zoning
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