Auction House

Retail: Mixed Use

801 Magazine St, New OrleansLA 70130

Property Details

Location

Address
801 Magazine St, New OrleansLA 70130
County
Orleans Parish
Submarket
Uptown-Garden District
Parcels
41035523
In Opportunity Zone
Yes

Building Size

Building Size
Rentable Space
8,846 SF

Building Details

Type
 Retail: Mixed Use
Number of Buildings
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
Year Built
Year Renovated
2017
Sprinklers
Parking Ratio

Land & Utilities

Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
CBD-5
Lot Depth
Lot Width

Contacts

Current Listings

801 Magazine St

Retail For LeaseSuite Ground Floor
8,846 SF $45.00 Annual/SF
Felicity Property Co., LLC

PROPERTY DESCRIPTION

Incredible opportunity to lease and operate a stunningly designed, second generation restaurant establishment located on the corner of Magazine and Julia Streets (Main and Main) in the renown Warehouse and Art District of New Orleans. The space was a Downtown Development District Historic Renovation Award Honoree.

Previously operated as an auction house, this two-story historic property was reimagined and meticulously remodeled in 2017 into a food hall on the ground floor with 8 spectacular multifamily apartments on the second floor. The ground floor space includes a fully built out commercial kitchen, gorgeous 360° white marble bar, private event space, beautiful restrooms and boasts of tall ceilings, large windows, modern high-grade fixtures, an impressive greenery display curated by Luna Botanicals and a light well to the roof that floods the space with natural light.

The handsomely appointed event space offers several flexible seating arrangement options, two satellite bars, private entrance/exit, audio/visual capabilities for presentations, and lush botanical styling from Luna Botanicals.

LOCATION DESCRIPTION

Ideally located on the highly trafficked corner of Magazine and Julia Streets (with entrances on both), 801 Magazine St is not only situated in the heart of the Warehouse and Arts District but also along well-known art gallery hotspot, Julia St. The property is walking distance to some of New Orleans’ best known galleries, restaurants and hotels including Callan Contemporary, Pêche, Herbsaint, The Ace Hotel, and the historic Windsor Court Hotel to name a few. It is also conveniently located near many popular landmarks including The WWII Museum, The Contemporary Arts Center, Lafayette Square, The Superdome, and Smoothie King Center, making for excellent all-day traffic.

LEASE DETAILS

Size: 8,846 sf

Price: $45 psf

NNN: $6 psf

Percentage Rent: 8% above natural breakeven point

Key Fee: $275K, which includes use of all FF&E during lease term.

Zoning: CBD-5

Space includes plenty of storage, walk-in refrigerator and freezer, manager’s office, security cameras, safe, POS system, and more.

Contact agent for full list of FF&E and for more details.

Felicity Property Co., LLC

PROPERTY DESCRIPTION

Incredible opportunity to lease and operate a stunningly designed, second generation restaurant establishment located on the corner of Magazine and Julia Streets (Main and Main) in the renown Warehouse and Art District of New Orleans. The space was a Downtown Development District Historic Renovation Award Honoree.

Previously operated as an auction house, this two-story historic property was reimagined and meticulously remodeled in 2017 into a food hall on the ground floor with 8 spectacular multifamily apartments on the second floor. The ground floor space includes a fully built out commercial kitchen, gorgeous 360° white marble bar, private event space, beautiful restrooms and boasts of tall ceilings, large windows, modern high-grade fixtures, an impressive greenery display curated by Luna Botanicals and a light well to the roof that floods the space with natural light.

The handsomely appointed event space offers several flexible seating arrangement options, two satellite bars, private entrance/exit, audio/visual capabilities for presentations, and lush botanical styling from Luna Botanicals.

LOCATION DESCRIPTION

Ideally located on the highly trafficked corner of Magazine and Julia Streets (with entrances on both), 801 Magazine St is not only situated in the heart of the Warehouse and Arts District but also along well-known art gallery hotspot, Julia St. The property is walking distance to some of New Orleans’ best known galleries, restaurants and hotels including Callan Contemporary, Pêche, Herbsaint, The Ace Hotel, and the historic Windsor Court Hotel to name a few. It is also conveniently located near many popular landmarks including The WWII Museum, The Contemporary Arts Center, Lafayette Square, The Superdome, and Smoothie King Center, making for excellent all-day traffic.

LEASE DETAILS

Size: 8,846 sf

Price: $45 psf

NNN: $6 psf

Percentage Rent: 8% above natural breakeven point

Key Fee: $275K, which includes use of all FF&E during lease term.

Zoning: CBD-5

Space includes plenty of storage, walk-in refrigerator and freezer, manager’s office, security cameras, safe, POS system, and more.

Contact agent for full list of FF&E and for more details.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: LACDB

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