Iconic neo-classical building sold into new ownership after 75 years…
3535 Magazine Street is an uptown corner lot warehouse, that recently sold into new ownership. The sale is recognized as one of the most substantial commercial real estate deals in recent years for the area. The building currently houses long time tenant and local beloved shop; Harry’s Ace Hardware. With the shift in ownership, Harry’s has decided to end their reign as the go-to neighborhood outlet on the corner of Magazine and Foucher.
The property was listed by top Real Estate Producers Katie Witry, Owner of Witry Collective and Jack Egle, Managing Director of Felicity Property Co. The two agents worked diligently to protect and honor the property’s integrity, while nurturing the client to ensure the passing of the torch was a smooth one for all parties. Their expertise in Real Estate and intuitive nature of delivering exceptional customer service, created a harmonious changing of hands.
“3535 Magazine has an extraordinary history; from the 1920’s when it was built for a car dealership; Jefferson Motor Company, to the most recent owners who opened Mother’s Homemade Pies from 1935-1954, to the beloved long-term tenant from 1958-present, Harry’s Ace Hardware. We worked with the heirs of Mother’s Homemade Pies from May 2020 till November 2021 and enjoyed sharing with them the property history, the pros and cons of our hyper-local market, and how to achieve a successful sale” says Katie Witry.
Although the shift comes as a shock to the neighborhood, there is an undeniable buzz surrounding the progressive businesses’ calling Magazine Street home. National brands like Warby Parker, Keihl’s, Beard Papa and Stoney Clover are amongst some of the newer retailers along the strip. We look forward to welcoming our new neighbors and the changing face of Magazine Street.
More about the property click HERE