Former K-Paul's Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30851826
Property Subtypes: Restaurant
Building Size (RSF): 12,060 SF
Gross Building Area: See Agent
Gross Land Area: 5,376 - 5,375 SF
Sale Price: $6,900,000
Unit Price: $572.14 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Last Updated: 9/19/2023

Overview / Comments

The property was home to K-Paul Louisiana Kitchen for over 40 years, offers investors and restaurant operators a chance to secure an iconic restaurant location that holds a rich history and unmatched charm.

The property is located at 416-20 Chartres Street, a truly exceptional destination that is within walking distance to the best that New Orleans has to offer, including Jackson Square, Woldenberg Park, the Mississippi River, unique and plentiful shopping options, cultural exhibits, museums and numerous hotels.

Fully renovated in 1996; Property Gutted 2023.

Ownership is open to considering a joint venture partnership. Feel free to reach out if you need any clarification. Thanks for your assistance.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: French Quarter
Tax ID/APN: 206101621
Zoning: VCC-2
Property Located Between: Chartres, St. Louis, Decatur & Conti Streets
Property Visibility: Excellent
Area Description: Located in the French Quarter of New Orleans.
Number of Stories: 3
Year Built: 1834
Year Renovated: 1996
Exterior Description: Masonry construction, Stucco façade and brick veneer.
Zoning Description: The VCC-2 Vieux Carre Commercial District is intended to provide for retail and service establishments that attract and service local residents and visitors, permitting more intensive commercial uses than in the VCC-1 District, yet protecting the quality of life of the adjacent residential uses and the overall character of the Vieux Carre. This district includes the major shopping area of the Vieux Carre.
Lot Frontage: 42
Lot Depth: 128.25

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,545 186,599 396,595
Median Age: 42.42 36.06 36.83
Households: 10,856 82,314 166,370

Contact

Photograph of Listing Agent

Chris Ross

NAI/Latter & Blum Commercial New Orleans New Orleans, LA 70130
LACDB Member
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