Restaurant-Ready
For Sale
$1,550,000
5908 MAGAZINE Street, New Orleans, LA 70115
Storefront on Magazine Street with existing restaurant infrastructure and a layout adaptable for dining or retail use.
Property Size2,807 SF
Days on Market227
Property Features for 5908 MAGAZINE Street
General Information
Standard status
Active
Size
2,807 SF
Building Details
Building Size
2,807 SF
Listing Agency:
Southeast Commercial of MS, LLC
(504) 339-2136
Listed By:
Matthew Eaton · License #000072493
(504) 339-2136
Source:
Talbot-realty
Added: Jan 7
Changed: Aug 14
Last Checked: Aug 22 at 3:27AM
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 Southeast Commercial of MS, LLC
Investment Insights
Based on property information with market context.
Located at 5908 Magazine Street, this restaurant-ready storefront was formerly home to the Avo Restaurant. The property features existing restaurant infrastructure and a layout described as well suited for food and beverage concepts, retail, or other creative commercial use.
The space is positioned in the heart of Magazine Street, a retail and dining corridor surrounded by boutiques, restaurants, and neighborhood staples. The offering is presented as having strong street presence and benefiting from consistent foot traffic and local and tourist exposure along the corridor.
For an operator or tenant looking for a ready-to-function format, the combination of existing restaurant buildout and flexible interior layout supports multiple commercial approaches within a well-established neighborhood shopping and dining setting.
The space is positioned in the heart of Magazine Street, a retail and dining corridor surrounded by boutiques, restaurants, and neighborhood staples. The offering is presented as having strong street presence and benefiting from consistent foot traffic and local and tourist exposure along the corridor.
For an operator or tenant looking for a ready-to-function format, the combination of existing restaurant buildout and flexible interior layout supports multiple commercial approaches within a well-established neighborhood shopping and dining setting.
Key Highlights
- Storefront on Magazine Street in a retail and dining corridor in New Orleans
- Former Avo Restaurant location with existing restaurant infrastructure
- Layout is adaptable for food and beverage concepts, retail, or creative commercial use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,605
Businesses Nearby
104k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 60%
Dining 18%
Shops & Services 16%
Beauty & Spa 4%
Whole Foods Market
Groceries
35,673 visits/mo
0.2 miles
Winn-Dixie
Groceries
27,134 visits/mo
0.5 miles
Shell
Shops & Services
11,566 visits/mo
0.4 miles
Starbucks
Dining
7,234 visits/mo
0.1 miles
Wendy's
Dining
5,390 visits/mo
0.5 miles
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 Retail in New Orleans, LA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Storefront on Magazine Street with existing restaurant infrastructure and a layout adaptable for dining or retail use.
Where is this conventional restaurant located?
The property is located at 5908 MAGAZINE Street New Orleans, LA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Storefront on Magazine Street in a retail and dining corridor in New Orleans; Former Avo Restaurant location with existing restaurant infrastructure; Layout is adaptable for food and beverage concepts, retail, or creative commercial use
