30
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$2,650,000
Est. payment /mo
4,475 SqFt
Active
3341 Magazine Street New Orleans, LA 70115
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Key Details
Property Type Commercial
Sub Type Restaurant,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,475 sqft
Price per Sqft $592
MLS Listing ID NO2498227
Lot Size 3007.000 Acres
Acres 0.069
Property Sub-Type Restaurant,Retail
Property Description
Located on the extremely visible and high-traffic corner of Louisiana Ave and Magazine Street, 3341 Magazine Street offers investors or restaurant owner/operators an incredibly well-positioned trophy asset. The entire ground floor is occupied by Poke Loa, who is on a NNN lease that expires in 2026. 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 recently renovated 1 bedroom apartments are on the 2nd floor feature in-unit laundry, exterior balcony space, spacious kitchens, and original historic detailing. Currently, one unit is on a month-to month lease and the other is leased until December, 2025. 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
Zoning HU-B1
Exterior
Parking Features None
Garage false
Building
Level or Stories 2
Others
Tax ID 41047354
Listed by Ben & Burka
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