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Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,546 SF
Building Class
B
Year Built
2000
Price
$14,446,110 CAD
Price Per SF
$640.74 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.61
Lot Size
0.85 AC
Zoning
HU-B1
Parking
40 Spaces (1.77 Spaces per 1,000 SF Leased)
Frontage
253’ on Magazine St

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Variable
  • 1,972-14,375 SF
  • Retail
  • -
  • 120 Days
Space Size Space Use Position Available
Variable 1,972-14,375 SF Retail - 120 Days

Variable

Size
1,972-14,375 SF
Space Use
Retail
Position
-
Available
120 Days
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

F45 Training
Breaux Mart
Another Broken Egg
LemonShark Poke
Chase Bank
PJ's Coffee Of New Orleans
Fidelity Bank
The Fresh Market
Woodforest National Bank
Capital One

Property Taxes

Property Taxes

Parcel Number
4-11-2-044-01
Land Assessment
$228,011 CAD
Improvements Assessment
$535,737 CAD
Total Assessment
$763,748 CAD
  • Listing ID: 39891442

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 2801 Magazine St, New Orleans, LA 70115

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