4119 Magazine Street New Orleans, LA $ 1,850,000
4119 Magazine Street
$ 1,850,000
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4119 Magazine Street

New Orleans, LA, 70115
$ 1,850,000
Bedrooms-- Baths-- Sq 4,875

Monthly Estimate*

$ 12,296

4119 Magazine Street, New Orleans, LA 70115 - Image 1

Commercial Property for sale in New Orleans, LA

for $1,850,000. This 4,875 square foot building was built in 1940.

Available for sale, 4119 Magazine Street presents a prime NNN investment opportunity in the heart of the Magazine Street commercial corridor. Occupied by Buffalo Exchange since 2015, the property has over five years remaining on a recently renewed lease, with annual 2.75% rental increases beginning in November. The corporately guaranteed NNN lease requires ownership to maintain only the roof and structure, and a new roof was installed after Hurricane Ida. Featuring high ceilings, abundant natural light, strong street presence, and ample mezzanine office/meeting space, the property offers an exceptional retail environment. Surrounded by a mix of top local and national retailers, restaurants, and businesses—including Waxing the City, Shaya, Neal Auction, Kiehl’s, Warby Parker, Indochino, Free People, and Untuckit—it is located in one of New Orleans’ most vibrant retail corridors, known for its strong demographics and consistent foot traffic.

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Commercial Active

Price

$ 1,850,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1940

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2493700

Features
General
Sewer Public Sewer
Zoning HU-B1
Construction Materials Stucco
Year Built 1940
Tenant Pays All Utilities Insurance Janitorial Service Taxes
Stories 2
Levels Two
County Orleans
Property Type Commercial Sale
Full Baths 0
Status Active
City New Orleans
Structure Type Retail
Standard Status Active
Exterior
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Building Area Total 4875
Lot Dimensions 30x150
Lot Size Acres 0
Interior
Half Baths 0
Total Bedrooms 0
* Excluded Features
List By
Ben & Burka

Broker

Aaron@BenBurka.com

Email

Affordability Calculator

$12,296
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,296
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2025$1,850,000 Listed Price

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4119 Magazine Street, New Orleans, LA, 70115 is a Commercial Property for sale at $1,850,000 with 4,875 sqft. 4119 Magazine Street was built in 1940. The property's zip code is 70115 which is in New Orleans, LA