1582 Magazine Street, New Orleans, LA 70130

New Orleans
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
1582 Magazine Street,New Orleans, LA 70130
$1,995,000
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  • 4 Beds
  • 3 Baths
  • 2,000 sq. ft.
  • Single family
  • Active
Listed by: michael j bucher
Office: urban properties real estate,
MLS#:2579150
Source:ROAM

Price summary

  • Price:$1,995,000
  • Price per sq. ft.:$340.68

About this home

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 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....

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Home facts

  • Year built:2014
  • Listing ID #:2579150
  • Added:44 day(s) ago
  • Updated:November 12, 2026 at 04:13 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:7
  • Flooring:Concrete, Painted/Stained, Wood
  • Kitchen Description:Dishwasher, Microwave, Oven, Refrigerator
  • Living area:2,000 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:2014
  • Building area:2,000 sq. ft.
  • Lot Features:Corner Lot
  • Construction Materials:Wood Siding
  • Exterior Features:Balcony, Patio: Brick, Patio: Concrete
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$340.68

Features and amenities

  • Appliances:Dishwasher, Dryer, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:None

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