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1582 Magazine Street, 
New Orleans, LA 70130

$1,995,000

4

Beds

3

Baths

2,000

Sq Ft

Single Family

Active

Listed by

Michael Bucher

Urban Properties Real Estate, LLC.

504-913-0462

Last updated:

October 12, 2026, 03:53 PM

MLS#

2579150

Source:

LA GSREIN

About This Home

1582 Magazine Street

1582-84 Magazine Street is a 5,856 SF two-story building in the Lower Garden District, currently 100% occupied across two units. The ground floor currently operates as a coworking space. The second floor is a licensed four-bedroom, three-bath commercial short-term rental. The building was fully renovated in 2014, updated again in 2020, and re-roofed in 2022. It's in move-in-ready condition. HU-B1 zoning gives a buyer flexibility on commercial use. The setup suits an investor looking for cash flow from day one, or an owner-occupant who wants to run a business downstairs and keep the STR income upstairs. The office tenants can be vacated at closing if needed. **Furniture not included - can be sold separately** Highlights: - 5,856 SF building, two floors; two units - Ground floor office/co-working (~3,800sf) - Second floor licensed commercial STR (~2,000sf) - Fully renovated in 2014; updated in 2020; new roof in 2022 - Zoned HU-B1 - Located in New Orleans Lower Garden District; Magazine St. frontage - Strong cash flow for investors; office can be vacated for owner-occupant

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 2014

Price Summary

1,995,000

$997 per Sq. Ft.

MLS #:

2579150

Last Updated:

October 12, 2026, 03:53 PM

Added:

14 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,000 Sq. Ft.

Structure

Structure

Building Area:

5,856 Sq. Ft.

Year Built:

2014

Finances & Disclosures

Finances

Price:

$1,995,000

Price per Sq. Ft:

$997 per Sq. Ft.

Source:LA GSREIN
The information being provided by Gulf South Real Estate Information Network, Inc is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Gulf South Real Estate Information Network, Inc All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.