**New Price** Magazine St Building For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30018055
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 4,705 SF
Gross Building Area: See Agent
Sale Price: $1,125,000
Unit Price: $239.11 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 2/23/2018

Overview / Comments

***New Price***

Great opportunity for owner occupant or developer on bustling stretch of Magazine St in the Lower Garden District.

4,706 sf building
- 2,940 sf - ground level retail
- 1,766 sf - upper level that can be converted to office/residential, plus large rooftop deck with views towards the Mississippi River
- Potential to park 3-4 vehicles off-street on back side of building (***Call agent to discuss details***)

Nearby developments include: The Julian (36 residential units + ground level retail), 1301 Annunciation (210 residential units + ground level retail), Jim Russell's Records building redevelopment, Il Mercado, and more.

Owner is relocating his business and wishes to remain in the building for a period of time. Please contact listing agent for more information.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41041644

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,964 198,027 396,675
Median Age: 36.19 35.91 36.79
Households: 12,563 83,688 163,951
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