1582 Magazine Street, New Orleans, LA 70130

New Orleans
Local realty services provided by:ERA Sarver Real Estate, Inc.
1582 Magazine Street,New Orleans, LA 70130
$1,995,000
  • 4 Beds
  • 3 Baths
  • 2,000 sq. ft.
  • Single family
  • Active
Listed by: michael bucher
Office: urban properties real estate, llc.
MLS#:2579150
Source:LA_GSREIN

Price summary

  • Price:$1,995,000
  • Price per sq. ft.:$340.68

About this home

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;...

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Home facts

  • Year built:2014
  • Listing ID #:2579150
  • Added:1 day(s) ago
  • Updated:September 28, 2026 at 09:51 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:7
  • Kitchen Description:Dishwasher, Microwave, Oven, Refrigerator
  • Living area:2,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:2014
  • Building area:2,000 sq. ft.
  • Lot Features:City Lot, Corner Lot
  • Construction Materials:Wood Siding
  • Exterior Features:Balcony, Concrete, Courtyard, Sound System
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$340.68

Features and amenities

  • Appliances:Dishwasher, Microwave, Oven, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Closed Circuit Camera(s), Stainless Steel Appliances

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