3341 MAGAZINE STREET
New Orleans, LA 70115
4475 sqft | #2498227
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.”
Property Details
- Lot DescriptionCornerLot, CityLot, RectangularLot
- Structure TypeMixedUse, Retail
- Property SubtypeCommercialSale
- Sewer InformationPublicSewer
- Original List Price$2,700,000
- Property TypePurchase
- CountyOrleans
- MLS #2498227
- Cost2700000
- MLS #2498227
- Utility SourcePublic
- Square Feet4475
- Year Built1920
Location
Legal
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Last Updated: . Source: GSREIN
Listing Courtesy
Listing Agent: Aaron Kazanoff (#KAZAAARO)
Listing Office: Ben & Burka (#BNBK01)
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