Established Local Restaurant for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30771014
Property Subtypes: Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 6,619 SF
Sale Price: $1,600,000
Unit Price: $241.73 PSF
Ceiling: 10 ft.
Property Use Type: Business
Usable Size (USF): 6,619 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 12/1/2021

Overview / Comments

Well established local seafood restaurant with great name and recipes. Large dining room as well as large banquet room. Lots of parking. Business, assets, and real estate for sale.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Taxing Authority: State of Louisiana
Tax ID/APN: 920027944
Retail Clientele: Other
Property Located Between: Williams Blvd and Chateau
Property Visibility: Excellent
Largest Nearby Street: West Esplanade
Feet of Frontage: 62
Site Description: Great visibility as this property is on West Esplanade and butts up to the Esplanade Mall with lots of parking and visibility
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 6,619 SF
Property Condition: Good
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 28
Parking Type: Surface
Parking Description: 28 on site parking spots, but plenty of extra parking off the mall
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Internet Access: Cable
Lot Frontage: 62
Lot Depth: 566
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,547 105,783 185,163
Median Age: 38.03 39.33 39.93
Households: 7,792 40,117 73,826

Contact

Photograph of Listing Agent

Eric Hernandez

Nola Living Realty Metairie, LA 70002
LACDB Member
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