Listed by SVN | Urban Properties
$2,195,000
1582-84 Magazine St.
Details
APN 101104415
Property Type Office, Special Purpose
Sub Type Coworking, Short-Term Rental
Square Footage 5,856
Units 2
Occupancy 100%
Tenancy Multi
Price per SqFt $375
Class A
Year Built 2014
Year Renovated 2022
Buildings 1
Stories 2
Acreage 0.129
Zoning HU-B1- Historic Urban Neighborhood Business District
Investment Type Stabilized
1582 Magazine St, New Orleans, LA 70130
Marketing description
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**
Investment 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; Magazine St. frontage
- Strong cash flow for investors; office can be vacated for owner-occupant
Listing Contacts
Listed by SVN | Urban Properties
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Zoning
HU-B1 CommercialNeighborhood CommercialHistoric Urban Neighborhood Business District
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View all 94 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
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