4826 Magazine StNew Orleans, LA 70115

Property Details for 4826 Magazine St

Year built

1900

Lot size

0.14 AC

Property size (Sq ft)

1,627 SF

Property type

Office properties

Property subtype

Office buildings

APN

614123704

APU

614123704

Description

This exceptional 1,652-square-foot commercial property at 4826 Magazine Street presents a unique opportunity in the heart of Uptown New Orleans. Located in Orleans Parish, this single-tenant space boasts a highly desirable location nestled amongst popular businesses, ensuring excellent foot traffic and visibility. The property features hardwood floors throughout and abundant natural light, enhanced by a large front window overlooking a charming porch. The layout includes two spacious front rooms ideal for client interaction or display, along with two restrooms, a functional kitchen, and three additional rooms of varying sizes. Adding to its appeal is an expansive side porch with an ADA-compliant entrance (tenant to verify compliance), a rear storage shed, and the rare amenity of gated off-street parking for 4-6 vehicles. Previously occupied by boutiques and professional offices, this versatile space is move-in ready and suitable for a variety of uses, including medical, traditional, or creative office spaces, or retail. The property's prime location and unique features make it an exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $258,012

  6.5%

  $238,165

  7%

  $221,153

• Comparable approach

  Method

  Valuation

  Relative Method

  $124,109

  Geo Method

  $115,663

• Alternative Use

  Use

  Valuation

  Residential

  $295,325

  Hospitality

  $270,516

  Educational

  $225,066

  Medical

  $232,806

  Retail

  $350,103

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Latitude

29.9201

Longitude

-90.1068

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].