5400 Magazine St New Orleans, LA 70115
- Banks
- 0.09 lot acres
Current Use by Public Records
- Banks
Property Details for 5400 Magazine St
- Lot size
- 0.09 lot acres
- Property type
- Banks
- APN
- 614123006
- APU
- 614123006
Description
This exceptional new development at 5400 Magazine Street, New Orleans, LA 70115, presents a unique opportunity for businesses seeking a prime location. The property, a Class A building with a HU-B1 zoning designation and APN 614123007, offers 2,540 square feet of versatile retail space on the ground floor, ideal for a variety of uses. Upstairs, additional office space provides flexibility and expansion potential. Eleven covered parking spaces ensure convenient access for customers and employees. Situated at the high-traffic intersection of Magazine Street and Jefferson Avenue, this single-tenant property benefits from exceptional visibility and accessibility. Its proximity to Whole Foods Market further enhances its desirability. The building boasts two stories and is part of a vibrant, culturally rich neighborhood. Estimated delivery is Q1 2025. This is a rare chance to establish a business in a coveted New Orleans location. The Orleans Parish property offers a blend of modern convenience and historic charm, making it an ideal investment for discerning entrepreneurs.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans
- State
- Louisiana
- Longitude
- -90.1153
- Latitude
- 29.9207
- CBSA code
- 35380
- CBSA name
- NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA
