3226 Magazine St, New Orleans, LA for sale

Investment Overview

Newmark presents 3226 Magazine Street, a renovated two-story, second-generation restaurant at Magazine and Pleasant Streets. The ground floor features a spacious dining room, full bar and partially equipped commercial kitchen with walk-in coolers, prep and dishwashing areas, storage, and two functional ventilation hood systems. Upstairs offers an equipped bar, flexible dining and event space, and a Magazine Street balcony. Interior and separate exterior access support a unified restaurant operation, private events or alternative upstairs use, subject to approvals. Renovated in 2024 with select FF&E included, the property offers a compelling owner-operator or investment opportunity. Situated between the Garden District and Irish Channel, the property benefits from Magazine Street’s established mix of restaurants, boutiques and bars. St. Charles Avenue and the Lower Garden District are minutes away.

Investment Highlights

• Renovated two-story second-generation restaurant and bar
• 8,870 SF building offering flexible restaurant or investment potential
• Ground floor dining room with full bar
• Partially equipped commercial kitchen
• Walk-in coolers, prep area, dishwashing area, and storage
• Two functional ventilation hood systems
• Upstairs equipped bar with flexible dining and event space
• Magazine Street balcony
• Interior and separate exterior access to upper level
• Historic character with distinctive façade
• Select FF&E included
• Built in 1920 and renovated in 2024
• HU-B1 zoning
• Owner-operator or investment opportunity