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House
·
for sale
USD 1,995,000
USD 1,002/sq.ft
1582 Magazine Street
Vieux Carre, New Orleans city Louisiana
· 1,991 sq.ft · 4 Bedrooms · 3 Baths · House
· Garden
Vieux Carre, New Orleans city Louisiana · 1,991 sq.ft · 4 Bedrooms · 3 Baths · House · Garden
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. Fronta
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. Fronta
USD 1,995,000