1021 Pleasant St

Magazine Street Redevelopment Opportunity | ±13,000 SF Building | HU-B1 Magazine Street redevelopment opportunity featuring a two-story commercial building totaling approximately 13,000 square feet on an ±8,880 square foot lot. The property offers significant adaptive reuse and repositioning potential, with the ability to convert to residential or mixed-use under HU-B1 zoning. The existing masonry structure provides open floor plates, ceiling height, and a layout well-suited for redevelopment. Located one block off Magazine Street, the site is surrounded by established retail and dining including The Bulldog, The Daily Beet, and other Uptown destinations. The immediate area benefits from strong residential density and consistent demand within one of New Orleans’ most active commercial corridors. Conceptual plans illustrate the potential for a loft-style residential conversion with upper-level units, rooftop space, and ground-level parking or commercial use. Potential eligibility for Historic Tax Credits and Restoration Tax Abatement (RTA). Buyer to verify zoning, use, and development potential. Magazine Street redevelopment opportunity ±14,400 SF building (per public record) ±8,880 SF lot HU-B1 zoning (mixed-use / residential potential) Two-story masonry structure with open layout One block off Magazine Street retail corridor Surrounded by established dining and neighborhood amenities Suitable for adaptive reuse or residential conversion Conceptual loft-style redevelopment plans available Potential Historic Tax Credits and RTA eligibility