Tchoupitoulas St. Investment Opportunity

Hospitality for Sale
Catylist Listing ID: 30834777
Number of Units: 1 Units
Building Size (RSF): 2,100 SF
Gross Building Area: See Agent
Gross Land Area: 6,669 SF
Sale Price: $795,000
Unit Price: $795,000 Per Unit
Ceiling: 15 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2024

Overview / Comments

BUILDING ONLY FOR SALE.
Popular Uptown restaurant and bar three blocks from Louisiana Ave. The tenant developed the restaurant use of the property and has been in operation since 2018.
Please do not disturb employees of the business.

Call agent for details and showing.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 614102602
Zoning: HU-MU
Retail Clientele: General, Family, Tourist
Property Located Between: Aline and Foucher
Property Visibility: Excellent
Largest Nearby Street: Louisiana
Feet of Frontage: 58
Area Description: Commercial along riverfront.
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1920
Year Renovated: 2017
Roof Type: Hip
Construction/Siding: HardiePlank Siding, Wood Siding
Exterior Description: Raised Victorian. Outdoor patio and porch seating.
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Zoning Description: HU-MU Future MUM (Mixed use- Medium Density)
Lot Frontage: 58/56
Lot Depth: 124/110
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SQ 105 LOT X TCHOUPITOULAS SIXTH MUNICIPAL DISTRICT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,664 170,576 389,883
Median Age: 37.72 36.1 36.62
Households: 12,750 72,041 158,943

Contact

Photograph of Listing Agent

George T Williamson

Williamson Brothers Realty New Orleans, LA 70115
LACDB Member
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