5200 MAGAZINE ST Active Save Request In-Person Tour Request Virtual Tour
New Orleans,LA 70115
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,316 sqft
Price per Sqft $209
MLS Listing ID 2498017
Year Built 1920
Property Description
Commercial/Residential INVESTOR SPECIAL opportunity! Super location on visible corner of Magazine & Dufossat. Zoned HU-B1 Historic Urban Neighborhood Business District. Currently being used as residential rentals. Two large shotgun style lower units and two smaller units up. Currently occupied by long-term tenants on month-to-month basis. Lower left unit is now vacant. Property offers nice deep lot (45' x 130') with plenty available rear yard space with access from Dufossat St., off-street parking available on right side of property facing Magazine St., high ceilings, wood floors, separate gas, electric and water meters. Tons of potential for mixed use options. Purchaser to verify zoning and use. Located along the Magazine Street commercial corridor with easy access to restaurants, boutiques, and neighborhood amenities. Great spot for watching Mardi Gras parades along Magazine St.! Property is in fair condition and needs work. This property may be approved for Federal and State Historic Tax Credits, to be verified by Buyer. See attached MLS Documents for more information.
Location
State LA
County Orleans
Zoning HU-B1
Exterior
Parking Features Driveway,Off Street
Building
Lot Description Corner Lot,City Lot
Dwelling Type Mixed Use
Sewer Public Sewer
Water Public
Others
Special Listing Condition None