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1418 Magazine Street

New Orleans, LA 70130
  • $975,000
  • STATUS: Active Under Contract
  • ON SITE: 58 Days
  • MLS #: 2337380
Under Contract
UPDATED: 39 min ago
$975,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,174
    SQFT
  • $307
    $/SQFT
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

1418 Magazine Street offers an extremely well-located Magazine Street mixed-use property for sale in the heart of the Lower Garden District. Surreys Cafe currently leases the restaurant space on a MTM, currently paying $3,200/month although they are overdue for a rent increase. Two apartments are located on the second floor both with balconies and exterior space overlooking Magazine Street. Smaller of the apartments leased for 6 months at $895/month, while larger unit is vacant (expected $1,500/month)

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Broker and Associates are licensed in the State of Louisiana, USA.
Robin Realty Mandeville La. Licensed in Louisiana || 985-778-2525 || Covington, LA.

Terms & Conditions
© 2022 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robin Realty Mandeville La. Licensed in Louisiana. Data last updated: 2022-05-19T22:34:25.9.
www.bestlouisianahomes.com/homes/126909010
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1418 Magazine Street New Orleans, LA 70130

  • Price: $975,000
  • Status: Active Under Contract
  • On Site: 58 Days
  • Updated: 39 min ago
  • MLS #: 2337380
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,174
SQFT
$307
$/SQFT
1950
Built
County:
Orleans
Property Description
1418 Magazine Street offers an extremely well-located Magazine Street mixed-use property for sale in the heart of the Lower Garden District. Surreys Cafe currently leases the restaurant space on a MTM, currently paying $3,200/month although they are overdue for a rent increase. Two apartments are located on the second floor both with balconies and exterior space overlooking Magazine Street. Smaller of the apartments leased for 6 months at $895/month, while larger unit is vacant (expected $1,500/month)
Exterior Features

Construction Materials Stucco Lot Features City LotRectangular Lot Lot Size Dimensions 28 X 127 Parking Features None

Interior Features

Building Area Total 3174

Property Features

Levels Two New Construction No Owner Pays InsuranceTaxes Property Condition Resale Sewer Public Sewer Special Listing Conditions None Structure Type Mixed UseRetail Tenant Pays All UtilitiesJanitorial Service Watersource Public

Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Aaron J Kazanoff of Ben & Burka.



Broker and Associates are licensed in the State of Louisiana, USA.
Robin Realty Mandeville La. Licensed in Louisiana || 985-778-2525 || Covington, LA.

Terms & Conditions
© 2022 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Robin Realty Mandeville La. Licensed in Louisiana. Data last updated: 2022-05-19T22:34:25.9.
 
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Robin Realty Mandeville La. Licensed in Louisiana
5001 Hwy 190 East Service Rd Unit C6
Covington LA, 70458