3341 MAGAZINE ST, New Orleans, LA 70115
3341 MAGAZINE ST, New Orleans, LA 70115
3341 MAGAZINE ST, New Orleans, LA 70115
3341 MAGAZINE ST, New Orleans, LA 70115
3341 MAGAZINE ST, New Orleans, LA 70115
3341 MAGAZINE ST, New Orleans, LA 70115
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Vicki Dunn

Vicki Dunn

+1(504) 559-2631
$ 2,600,000
Est. payment | /mo

4,475 SqFt

Save
$ 2,600,000
Est. payment | /mo
Save

4,475 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,475 sqft

Price per Sqft $581

MLS Listing ID 2498227

HOA Y/N No

Year Built 1920

Property Description

Located on the extremely visible and high-traffic corner of Louisiana Ave and Magazine Street, 3341 Magazine Street offers investors an incredibly well-positioned trophy asset. The entire ground floor is leased on a NNN basis by Mason's Famous Lobster Rolls, a national restaurant concept on a newly executed lease agreement. Their space features multiple seating areas, large walk-ins, several food prep areas, and a retail/serving counter, in addition to large store front windows and wrap around historic awning. Two fully rented recently renovated 1 bedroom apartments are on the 2nd floor feature in-unit laundry, exterior balcony space, spacious kitchens, and original historic detailing. The property is in excellent condition with no deferred maintenance and offers investors a chance to own an iconic building in an incredible location.

The property sits in one of the highest-trafficked stretches of Magazine Street. Frequented by locals and tourists alike, the property is close to local and national restaurants, bars, and retailers all along “restaurant row.”

Location

State LA

County Orleans

Community Common Grounds/Area

Zoning HU-B1

Interior

Fireplace No

Exterior

Parking Features None

Community Features Common Grounds/Area

Water Access Desc Public

Building

Lot Description Corner Lot, City Lot, Rectangular Lot

Dwelling Type Mixed Use,Retail

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 41047354

Special Listing Condition None

Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Ben & Burka

NEARBY SCHOOLS & PROPERTIES

Vicki Dunn

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
–Franklin D. Roosevelt

+1(504) 559-2631

vicki.glrealtygroup@gmail.com

203 Bradwall Street Luling, LA 70070, LA 70070, USA

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3341 MAGAZINE ST