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$10,500,000
13 Days On Site

2801 MAGAZINE Street
New Orleans, LA 70115

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
22,546
SqFt
$466
/SqFt
1999
Built
County:
Orleans
Call Now: 504.525.9763
Is this the listing for you? We can help make it yours.
504.525.9763
2801 MAGAZINE Street2801 MAGAZINE Street2801 MAGAZINE Street2801 MAGAZINE Street
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Monthly Payment (Est.)

$47,905
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Available for sale, this premier multi-tenant shopping center presents a rare investment opportunity along one of Magazine Street’s most coveted retail corridors in the Garden District / Irish Channel. With more than 32 dedicated off-street parking spaces, an exceptional amenity along this historic corridor, the property functions as a true neighborhood lifestyle destination with outstanding visibility, accessibility, and irreplaceable street presence. Anchored by nationally recognized tenants including Chipotle, Credit Human, and Insomnia Cookies, the center offers stable in-place income with meaningful upside through continued lease-up and strategic merchandising of the tenant mix. The layout also provides flexibility to create a ±12,000 SF contiguous end-cap opportunity suitable for a flagship or large-format retailer, a rarity along Magazine Street. Positioned among some of the corridor’s most desirable retailers, restaurants, and hospitality concepts, the asset benefits from the unmatched fundamentals of a supply-constrained urban retail market. The property also offers long-term value through potential repositioning, redevelopment, or partial owner-occupancy, allowing investors to further enhance one of Magazine Street’s most prominent retail destinations. Financial information available upon execution of a confidentiality agreement. For additional information, see the 2801 Magazine Street Investment Offering in attachments.

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Listing Snapshot
Price 
$10,500,000
Days On Site 
13 Days
Bedrooms 
N/A
Inside Area (SqFt) 
22,546 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.85 Acres
Year Built 
1999
MLS® Number 
2549290
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.85
Cross Street 
Magazine, Washington
Levels 
One
Parking 
Off StreetParking Lot
Parking Spaces 
3
Sewer 
Public Sewer
SqFt Total 
22546
Water Source 
Public
Zoning 
HU-B1
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Exterior Features
Construction Details 
BlockStucco
Lot Features 
Corner LotCity Lot
Community Features
Accessibility Features 
Accessible Entrance
Listing courtesy of Ben & Burka

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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