1582 Magazine St. New Orleans, LA

1582 Magazine Street, New Orleans, LA 70130

Property Information

  • For Sale $2,195,000
  • Property Type Office
  • Property Size 5,856 SF
  • Units 2
  • Lot Size 0.13 Acre
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2014
  • Year Renovated 2021
  • Date Updated Jun 25, 2026

Description

Located at 1582 Magazine St., this property sits at the intersection of New Orleans’ historic charm and its modern commercial core. The area offers a strategic balance of high-foot-traffic amenities and professional prestige, making it an ideal site for a high-end office or a dynamic coworking space. Location Highlights Proximity: Situated in the Lower Garden District within minutes of the Warehouse District and CBD. Cultural Anchors: Minutes from the National WWII Museum, Convention Center, and the Caesars Superdome. Amenities: Immediate access to the city’s premier dining and entertainment corridor.Discover an exceptional investment opportunity at 1582 Magazine Street, New Orleans, LA, 70130. This impressive building boasts a total of 5,856 square feet, divided into two units, providing a prime office or coworking space on the first floor and licensed four bedroom/3 bath commercial STR on the 2nd floor. The building was substantially renovated in 2014 and updated again in 2020 (new roof in 2022). The property is in pristine condition and ready for immediate use. With a desirable HU-B1 zoning, this location offers endless potential for commercial ventures. Currently at 100% occupancy, this property presents a lucrative investment with strong rental income or a great opportunity for an owner-occupant. Don't miss the chance to secure a thriving asset in the heart of New Orleans' vibrant business district.

Highlights

  • 2 units (ground floor office; 2nd floor STR)
  • 5,856 SF building
  • Fully renovated in 2014 and updated in 2020
  • Located in New Orleans Lower Garden District
  • Strong cash flow for investors; office can be vacated for owner-occupant
  • Zoned HU-B1

Contacts

Location

Located at 1582 Magazine Street, New Orleans, LA 70130, this property is part of the Lower Garden neighborhood and New Orleans market.

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