4933-35 Magazine St, New Orleans, LA 70115

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Sold Price
$3,450,000
List Price
$3,500,000
Closing Date
May 26, 2026
MLS#
2542586
Status
CLOSED
Type
Commercial
Stories
2
Living Area
11,181
Parish
Orleans

Property Description

Stabilized, income-producing commercial asset in the heart of Uptown’s Magazine Street corridor. Fully leased to HOTWORX, Pizza Domenica, and Cicada Architecture, delivering diversified income across fitness, restaurant, and professional office uses. The complementary tenant mix generates consistent daytime and evening traffic while limiting reliance on any single industry sector.The property features strong Magazine Street frontage, excellent visibility, and established positioning within one of New Orleans’ most proven and supply-constrained retail corridors. Major renovation was completed in 2005, with additional capital improvements made in 2022, including HVAC, roof, and full exterior repaint, as well as build out of Cicada Architecture (2nd floor) and HOTWORX (1st floor).Surrounded by dense, high-income residential neighborhoods and established retailers, the asset benefits from steady pedestrian activity, long-term leasing demand, and corridor stability. Well-suited for investors seeking durable cash flow, appreciation potential, and future repositioning flexibility.

Additional Information

Sewer
Public Sewer
Water
Public

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Listing courtesy of Upper Management Realty, LLC. Selling Office: Corporate Realty Leasing Company*.

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