$1,700,000
$1,900,000
10.5%For more information regarding the value of a property, please contact us for a free consultation.
2842 MAGAZINE ST New Orleans, LA 70115
Key Details
Sold Price $1,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 2449521
Sold Date 09/18/24
HOA Y/N No
Year Built 1900
Property Description
2842-44 Magazine St is an attractive mixed-use building. This property contains nearly 5,000 rsf and combines a retail space, currently used by the owner, and two residential units on the second floor.
The historic building features classic hardwood floors, elevated ceilings, and architectural elements original to the building. The property is securely fenced, with both an entrance gate from Magazine Street and a sliding side gate that provides convenient direct access to the adjacent parking lot, facilitating easy loading and unloading. Parking is handled by Premium Parking, with monthly contracts available.
Located along a bustling retail street that attracts high foot traffic, the property is surrounded by well-known restaurants and popular stores. This is an exceptional opportunity for owner-operators or investors looking to capitalize on its strategic position and charming character.
Location
State LA
County Orleans
Zoning HU-B1
Interior
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Building
Lot Description 1 to 5 Acres, City Lot
Sewer Public Sewer
Water Public
Others
Tax ID 411202213
Financing Cash
Special Listing Condition None
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Bought with Engel & Völkers New Orleans