🏠 1578 MAGAZINE Street, New Orleans, LA, 70130 MLS Sale Listing

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$2,375,000
45 Days On Site

1578 MAGAZINE Street
New Orleans, LA 70130

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
669
SqFt
$3,550
/SqFt
1950
Built
County:
Orleans
Call Now: (504) 517-6533
Is this the listing for you? We can help make it yours.
(504) 517-6533
1578 MAGAZINE Street1578 MAGAZINE Street1578 MAGAZINE Street1578 MAGAZINE Street
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Monthly Payment (Est.)

$10,836
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Available for sale, 1572–78 Magazine Street presents a rare opportunity to acquire a fully licensed mixed-use short-term rental complex in the heart of the Lower Garden District. The property includes seven commercial STR licenses, a ground-floor commercial unit, large rear yard, and multiple individually metered, stand-alone STR units. Meticulously restored in 2012 and originally constructed c. 1855, the property blends historic character with modern systems. Its layout and historic pedigree make it an ideal candidate for a historic tax credit redevelopment, including the potential to unify the units, incorporate a food & beverage concept in the commercial space, and enhance the rear yard with landscaping and shared amenities to further strengthen STR performance. The property is situated in one of the city’s most desirable STR corridors, minutes from Downtown and the French Quarter, while also anchored in the heart of the Lower Garden District at the gateway to Magazine Street’s many shopping, dining, and entertainment offerings.

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Listing Snapshot
Price 
$2,375,000
Days On Site 
45 Days
Bedrooms 
N/A
Inside Area (SqFt) 
669 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.174 Acres
Year Built 
1950
MLSŸ Number 
2537988
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing first seen on site
2 months agoListing updated with changes from the MLSÂź
General Features
Acres 
0.174
Cross Street 
Magazine
Levels 
Two
Parking 
None
Sewer 
Public Sewer
SqFt Total 
6169
Water Source 
Public
Zoning 
HU-B1
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Exterior Features
Lot Features 
City LotRectangular Lot
Community Features
Accessibility Features 
Accessible Entrance
Listing courtesy of Ben & Burka

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORSŸ, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
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