2801 MAGAZINE Street, New Orleans, Louisiana, 70115

Listed by Ben & Burka, Aaron Kazanoff
$10,500,000
0.85 Acres
#2549290
Available for sale, this premier multi-tenant shopping center presents a rare investment opportunity along one of Magazine Street’s most coveted retail corridors in the Garden District / Irish Channel. With more than 32 dedicated off-street parking spaces, an exceptional amenity along this historic corridor, the property functions as a true neighborhood lifestyle destination with outstanding visibility, accessibility, and irreplaceable street presence.Anchored by nationally recognized tenants including Chipotle, Credit Human, and Insomnia Cookies, the center offers stable in-place income with meaningful upside through continued lease-up and strategic merchandising of the tenant mix. The layout also provides flexibility to create a ±12,000 SF contiguous end-cap opportunity suitable for a flagship or large-format retailer, a rarity along Magazine Street.Positioned among some of the corridor’s most desirable retailers, restaurants, and hospitality concepts, the asset benefits from the unmatched fundamentals of a supply-constrained urban retail market. The property also offers long-term value through potential repositioning, redevelopment, or partial owner-occupancy, allowing investors to further enhance one of Magazine Street’s most prominent retail destinations. Financial information available upon execution of a confidentiality agreement.For additional information, see the 2801 Magazine Street Investment Offering in attachments.

PROPERTY FEATURES

  • Business Type : Restaurant, Retail
  • Utilities : Natural Gas Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Parking Features: Off Street, Parking Lot
  • Parking Total: 3
  • Current Use : Commercial, Retail
  • Zoning : HU-B1
  • Construction Materials: Block, Stucco
PROPERTY DETAILS
ID: 2549290
Status: Active
Price: $10,500,000
Acres: 0.85 Acres
Price Per Acre: $12,352,941
Type: Other
Address: 2801 MAGAZINE Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70115
Lat/Long: 29.926253, -90.082707
Presented By: Aaron Kazanoff
Phone:
Email: Click to Contact