1582 Magazine Street
New Orleans, LA 70130
4
Bed
3
Bath
2,000Sqft
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** Highlights: - 5,856 SF building, two floors; two units - Ground floo
Property Details
Map
Map
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 3 Full Baths: 3Room Information
Rooms Total: 7Roofing Information
Shingle -
Interior Features
StainlessSteelAppliancesRoof: ShingleAppliances: Dryer, Dishwasher, Microwave, Oven, Refrigerator, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2014Building Area Total: 5856Construction Materials: WoodSidingStories: 2Patio And Porch Features: Brick, Concrete, BalconyPrivate Pool: No -
Exterior Features
Exterior Features: Balcony, Courtyard, SoundSystem
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Lot Information
Lot Dimensions: 0.129 Lot Description: CornerLot,CityLot
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Listing Price Information
Listing Price: $1995000
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Tax Information
Parcel Number: 1582-Magazinest
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Virtual Tour
Parking Information
None
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Location Information
WaterSource: Public Security Features: ClosedCircuitCameras
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 834 Josephine Street, New Orleans, LA, 70130 | $489,900 | 5 | 3 | 2,072 | 0.07 Acre |
| 1405 Saint Mary Street, New Orleans, LA, 70130 | $995,000 | 5 | 5 | 3,537 | -- |
| 1235 Annunciation Street, New Orleans, LA, 70130 | $750,000 | 3 | 3 | 2,223 | 0.07 Acre |
| 1424 Thalia Street, New Orleans, LA, 70130 | $699,000 | 3 | 3 | 3,018 | -- |
| 1318 Washington Avenue, New Orleans, LA, 70130 | $675,000 | 3 | 2 | 1,618 | 0.06 Acre |
| 2340 Constance Street, New Orleans, LA, 70130 | $990,000 | 3 | 3 | 3,168 | -- |
| 1825 27 Sophie Wright P.., New Orleans, LA, 70130 | $1,979,000 | 4 | 7 | 3,987 | -- |
| 1920 Constance Street, New Orleans, LA, 70130 | $650,000 | 2 | 2 | 1,670 | 0.12 Acre |
| 509 Conti St Street, New Orleans, LA, 70130 | $850,000 | 3 | -- | 3,600 | -- |
| 836 Third Street, New Orleans, LA, 70130 | $899,000 | 3 | 3 | 2,436 | 0.06 Acre |
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ByOwner last updated this listing 10/01/2026 @ 10:24
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