3019 Magazine St New Orleans, LA 70115
This exceptional 900-square-foot office space, located at 3019 Magazine Street, Unit B, New Orleans, LA 70115, presents a unique opportunity in the highly sought-after Lower Garden District. Built and renovated in 2014, this single-tenant space is situated in a charming, historic building and offers a blend of traditional and modern appeal. The property features three interconnected office suites, allowing for flexible configurations to suit various business needs. Each suite is accessible from a central hallway, providing both privacy and collaborative potential. A private rooftop veranda adds a unique amenity, perfect for outdoor breaks or client meetings. The space is ideally located between 7th and 8th Streets, within walking distance of numerous restaurants, boutiques, and art galleries, ensuring high visibility and convenient access to local amenities. Utilities are handled efficiently, with the landlord covering water and sewerage, while tenants are responsible only for their individual electricity. Real estate taxes and building insurance are included in the monthly rent. Available November 15, 2024, with flexible lease terms (minimum 12 months, longer terms preferred). This is a rare chance to establish your business in a prime location within a vibrant and historic New Orleans neighborhood. The building is a two-story structure without elevators.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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