4851 Magazine Street, New Orleans, LA 70115

$780,000
  • 4851 Magazine Street, New Orleans, LA 70115 Main Photo

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Active
SQUARE FEET2,802 MLS#2528237
STATUSActive PROPERTY TYPECommercial - Retail

Property Description

Don't miss this rare opportunity to own a piece of New Orleans magic?perfectly positioned on a Mardi Gras parade route and one of the most vibrant blocks of world-famous Magazine Street. This walker's paradise boasts a 95 Walk Score and offers everything that makes Uptown New Orleans so special: sprawling oak trees, classic New Orleans architecture, and unbeatable proximity to the city's best restaurants, bars, and boutiques. While the property is configured as two generous residential units, it offers incredible flexibility for homeowners or investors alike. Zoned HU-B1, the property allows for retail, office, residential, or live/work use, providing exceptional versatility in one of the city's strongest retail corridors. Currently operating as a licensed, non-commercial short-term rental with 2024 gross earnings of $74,008 excluding owner's unit, the property delivers impressive cash flow and endless potential?whether you're seeking a primary residence, investment property, or mixed-use opportunity in the heart of Uptown New Orleans. Relax on the spacious front porch and watch the parades roll by, or host your own celebration from the wrought iron fenced front yard. This two-story classic camelback exudes curb appeal and authentic character, featuring soaring ceilings, heart pine floors, and well-proportioned rooms throughout.

4851 Magazine Street | MLS# 2528237

This commercial property located at 4851 Magazine Street, New Orleans, LA 70115 is currently listed for sale with an asking price of $780,000. Search New Orleans real estate on www.wurthre.com today.

Property Features

Property Type: Commercial - Retail
Lot Size: 0.09 Acres
Stories: 2.0

Feature Descriptions

Days on Site: 141
Exterior: Wood Siding
Lot: City Lot, Rectangular Lot
Lot Dimensions: 32/21X120/113
Parking: None
Sewer: Public Sewer
Water: Public

Listed By / Shown By

Listed By

Agency Name: The McEnery Company
Agency Phone: (504) 274-2701

Shown By

Agency Title: Wurth Real Estate Services
Agency Phone: (866) 961-4414

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