$1,995,000

Single Family Residence In New Orleans

  • 4 Beds
  • 3 Baths
  • 2,000 Sqft
  • Updated: Yesterday
  • Source:
    Gulf South Real Estate Information Network (GSREIN)  MLS#2579150

About the Property

1582-84 Magazine Street is a 5,856 SF two-story building in the Lower Garden District, currently 100% occupied across two units. The ground floor currently operates as a coworking space. The second floor is a licensed four-bedroom, three-bath commercial short-term rental.

The building was fully renovated in 2014, updated again in 2020, and re-roofed in 2022. It’s in move-in-ready conditio
1582-84 Magazine Street is a 5,856 SF two-story building in the Lower Garden District, currently 100% occupied across two units. The ground floor currently operates as a coworking space. The second floor is a licensed four-bedroom, three-bath commercial short-term rental.

The building was fully renovated in 2014, updated again in 2020, and re-roofed in 2022. It’s in move-in-ready condition. HU-B1 zoning gives a buyer flexibility on commercial use.

The setup suits an investor looking for cash flow from day one, or an owner-occupant who wants to run a business downstairs and keep the STR income upstairs. The office tenants can be vacated at closing if needed.

**Furniture not included - can be sold separately**

Highlights:
- 5,856 SF building, two floors; two units
- Ground floor office/co-working (~3,800sf)
- Second floor licensed commercial STR (~2,000sf)
- Fully renovated in 2014; updated in 2020; new roof in 2022
- Zoned HU-B1
- Located in New Orleans Lower Garden District; Magazine St. frontage
- Strong cash flow for investors; office can be vacated for owner-occupant
…
  • Property type

    House

  • Floors

    2

  • Year built

    2014

  • Price/sqft

    $997

Features

  • Terrace
  • Fire Pit
  • Outdoor Living Space
  • City View
  • Office
  • Investment Property
  • Renovated
  • Stone Countertops
  • High Ceiling
Features

Lot

Indoor

  • High Ceiling
  • Office
  • Stone Countertops

Outdoor

  • Terrace
  • Balcony
  • Fire Pit
  • Outdoor Living Space

Explore the Area

1582 MAGAZINE Street, New Orleans, Louisiana, United States View on Google Maps
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Urban Properties Real Estate, LLC - New Orleans

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Urban Properties Real Estate, LLC - New Orleans
Louisiana, United States
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1
Listings
2026
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Urban Properties Real Estate, LLC - New Orleans
New Orleans, Louisiana, United States
View agency profile
Last updated
Yesterday
First listed
September 29
Listing reference
2579150
Listing status
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