5508-10 Magazine St, New Orleans, LA 70115

Property Description

Ideally located on Magazine Street between Octavia and Joseph Streets, this property offers a rare opportunity to own a classic mixed-use building in one of Uptown New Orleans’ most desirable corridors.The site is zoned B-2 Neighborhood Business District, designed to support boutique retail and personal service uses while maintaining the charm and compatibility of the surrounding residential neighborhood. This zoning makes it an excellent fit for a wide range of retail, dining, or service-oriented concepts.The 3,510 sq. ft. ground-floor commercial space provides outstanding visibility and flexible floor area suitable for a signature storefront, gallery, café, or specialty retail. Large windows and Magazine Street frontage create natural light and high pedestrian appeal.Upstairs, the 1,910 sq. ft. residential component is evenly divided into two well-appointed two-bedroom, one-bath apartments (955 sq. ft. each). These units offer steady rental income potential or on-site living space, blending modern convenience with classic Uptown character.This unique property balances investment security with value-add potential—whether as a flagship business location with residential income above or a fully leased, income-producing asset. With Magazine Street’s vibrant mix of shops, restaurants, and neighborhood amenities at its doorstep, this offering captures the best of New Orleans’ live-work-play lifestyle.