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$ 799,000
Est. payment /mo
Active
4851 MAGAZINE ST New Orleans, LA 70115
2,802 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,802 sqft
Price per Sqft $285
MLS Listing ID 2528237
HOA Y/N No
Year Built 1900
Lot Size 3,789 Sqft
Acres 0.087
Property Description
Don't miss this rare opportunity to own a piece of New Orleans magic—perfectly positioned on a Mardi Gras parade route and one of the most vibrant blocks of world-famous Magazine Street. This walker's paradise boasts a 95 Walk Score and offers everything that makes Uptown New Orleans so special: sprawling oak trees, classic New Orleans architecture, and unbeatable proximity to the city's best restaurants, bars, and boutiques.
While the property is configured as two generous residential units, it offers incredible flexibility for homeowners or investors alike. Zoned HU-B1, the property allows for retail, office, residential, or live/work use, providing exceptional versatility in one of the city's strongest retail corridors. Currently operating as a licensed, non-commercial short-term rental with 2024 gross earnings of $74,008 excluding owner's unit, the property delivers impressive cash flow and endless potential—whether you're seeking a primary residence, investment property, or mixed-use opportunity in the heart of Uptown New Orleans.
Relax on the spacious front porch and watch the parades roll by, or host your own celebration from the wrought iron fenced front yard. This two-story classic camelback exudes curb appeal and authentic character, featuring soaring ceilings, heart pine floors, and well-proportioned rooms throughout.
While the property is configured as two generous residential units, it offers incredible flexibility for homeowners or investors alike. Zoned HU-B1, the property allows for retail, office, residential, or live/work use, providing exceptional versatility in one of the city's strongest retail corridors. Currently operating as a licensed, non-commercial short-term rental with 2024 gross earnings of $74,008 excluding owner's unit, the property delivers impressive cash flow and endless potential—whether you're seeking a primary residence, investment property, or mixed-use opportunity in the heart of Uptown New Orleans.
Relax on the spacious front porch and watch the parades roll by, or host your own celebration from the wrought iron fenced front yard. This two-story classic camelback exudes curb appeal and authentic character, featuring soaring ceilings, heart pine floors, and well-proportioned rooms throughout.
Location
State LA
County Orleans
Zoning HU-B1
Interior
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Mixed Use,Office,Retail
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 614201810
Special Listing Condition None
Listed by The McEnery Company