Renovated Mixed-Use
For Lease
$2,400/Mo
5823 Magazine Street, New Orleans, LA 70115
Commercial Lease, New Orleans, LA
Space Size750 SF
Days on Market62
Property Features for 5823 Magazine Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
HU-B1
Subdivision
Hurtsville
Standard status
Active
APN
615103203
Size
750 SF
Taxes and HOA fees
Tax Description
Hurtsville SQ 29 Lot C Magazine
Legal Description
Hurtsville SQ 29 Lot C Magazine
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Multi Units
Water source
Public
Building Details
Year built
1920
Floors in Building
1
Number of units
2
Flooring type
Wood
Listing Agency:
Homesmart Realty South - Metairie · HomeSmart International
(504) 908-7653
Listed By:
Karen L Calamia · License #000051741
(504) 450-2722
Added: Sep 3
Changed: Nov 3
Last Checked: Nov 3 at 11:06PM
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.
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Investment Insights
Based on property information with market context.
The available right-hand unit at 5823 Magazine Street offers 750 square feet in a shotgun-style mixed-use layout. Renovated in 2023, the space has wood floors, natural light, central heating, and central air conditioning. The building dates to 1920, and the property is zoned HU-B1.
Several businesses are within two blocks, including Whole Foods, District Donuts, Kendra Scott, Saba Restaurant, Main Squeeze Juice Co, Reginelli's Pizza, and Starbucks.
Several businesses are within two blocks, including Whole Foods, District Donuts, Kendra Scott, Saba Restaurant, Main Squeeze Juice Co, Reginelli's Pizza, and Starbucks.
Key Highlights
- 750‑square‑foot mixed‑use unit available on the right side
- Renovated in 2023; building dates to 1920
- HU‑B1 zoning
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.76 /SF/Yr
CAM
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
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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 - The 2023 renovation features wood flooring, central heating, and central air conditioning.
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‑foot mixed‑use unit available on the right side; Renovated in 2023; building dates to 1920; HU‑B1 zoning
