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5808 Magazine St 3,585 SF 32% Leased Retail Building New Orleans, LA 70115 $1,947,308 CAD ($543.18 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great Investment Opportunity!
EXECUTIVE SUMMARY
5808 Magazine Street is a newly built 3-story mixed-use asset positioned along one of New Orleans' highest visibility commercial corridors. This turnkey property blends retail/restaurant potential on the ground and second floors with a luxury third-floor residential penthouse, delivering flexibility for an owner-occupant, investor, or operator. Strategically located between Nashville Avenue and State Street, the property captures heavy daily foot and vehicle traffic, surrounded by best-in-class neighborhood retailers such as SABA, AVO, Bistro Daisy, and Whole Foods.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,585 SF
Building Class
B
Year Built
2021
Price
$1,947,308 CAD
Price Per SF
$543.18 CAD
Percent Leased
32%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.69
Lot Size
0.12 AC
Zoning
HU-B1
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6-15-1-028-17 | Improvements Assessment | $145,361 CAD |
| Land Assessment | $19,049 CAD | Total Assessment | $164,410 CAD |
PROPERTY TAXES
Parcel Number
6-15-1-028-17
Land Assessment
$19,049 CAD
Improvements Assessment
$145,361 CAD
Total Assessment
$164,410 CAD
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5808 Magazine St
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