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5808 Magazine St 3,585 SF 41% Leased Retail Building New Orleans, LA 70115 $1,907,035 CAD ($531.95 CAD/SF)

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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
$1,907,035 CAD
Price Per SF
$531.95 CAD
Percent Leased
41%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.69
Lot Size
0.12 AC
Zoning
HU-B1

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,104 SF
  • Retail
  • -
  • Now

A rare opportunity to acquire a newly constructed, three-story mixed-use property in one of New Orleans’ most vibrant commercial corridors. Built in 2021, this asset combines modern design with flexible functionality, offering ground and second-floor retail or restaurant space and a luxury third-floor residential penthouse. The property is delivered vacant, providing an ideal scenario for an owner-occupant, investor, or operator seeking a turnkey solution in a high-demand location.

Space Size Space Use Position Available
1st Floor 2,104 SF Retail - Now

1st Floor

Size
2,104 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,104 SF
Space Use Retail
Position -
Available Now

A rare opportunity to acquire a newly constructed, three-story mixed-use property in one of New Orleans’ most vibrant commercial corridors. Built in 2021, this asset combines modern design with flexible functionality, offering ground and second-floor retail or restaurant space and a luxury third-floor residential penthouse. The property is delivered vacant, providing an ideal scenario for an owner-occupant, investor, or operator seeking a turnkey solution in a high-demand location.

Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Club Pilates
Starbucks
Whole Foods Market
Pj's Coffee Of New Orleans
barre3
Orangetheory Fitness
Stretch Zone
Regions Bank
Hancock Whitney Bank
Five Guys

Property Taxes

Property Taxes

Parcel Number
6-15-1-028-17
Land Assessment
$18,455 CAD
Improvements Assessment
$140,833 CAD
Total Assessment
$159,289 CAD
  • Listing ID: 38189323

  • Date on Market: 2025-10-23

  • Last Updated:

  • Address: 5808 Magazine St, New Orleans, LA 70115

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