Catylist ID:
#30835301
Prime Location in New Orleans Bywater!!!!
Retail-Commercial
for Sale
Catylist Listing ID: | 30835301 |
Property Subtypes: | Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other |
Building Size (RSF): | 16,748 SF |
Sale Price: | $2,800,000 |
Unit Price: | $167.18 PSF |
Property Use Type: | Business |
Usable Size (USF): | 16,748 SF |
Sale Terms: | Cash to Seller |
Cap Rate: | Undisclosed |
Last Updated: | 12/5/2023 |
Overview / Comments
Historic 1915 building in the Bywater. Complete restoration in 2020 to the exterior and bottom floor. Built per HDLC/Historic Restoration Guidelines/ADA Compliant. Turn-key the first floor is a restaurant, bar & brewery (10 barrel system including the fermenters and 5 10-barrel brite tanks). Fully equipped open kitchen with two walk-in refrigerators. The second floor - in good condition has 11 rented studios for local artists - 1 studio downstairs. Freight elevator. Rooftop for potential expansion. PRIME LOCATION!!!! One rented studio space downstairs. Freight elevators. Rooftop for possible expansion. PRIME LOCATION! |
Attachments & Media
Additional Details
Nearest MSA: | New Orleans-Metairie |
County: | Orleans |
Submarket/Township: | Greater New Orleans |
Tax ID/APN: | 39W106621 |
Zoning: | HM/MU |
Retail Clientele: | General, Family, Business, Traveler, Tourist, Recreation, Convention |
Property Located Between: | Royal/Montegut/Chartres/Clouet |
Property Visibility: | Excellent |
Largest Nearby Street: | Royal |
Feet of Frontage: | 139 |
Site Description: | 140 x 66 approximate lot size |
Area Description: | Bywater Historic District - Close to NOCCA |
Tenancy: | Multiple Tenants |
Total Number of Buildings: | 1 |
Number of Stories: | 2 |
Year Renovated: | 2022 |
Exterior Description: | 2022 exterior and downstairs completely restored - including HVAC, Electrical, Plumbing, Concrete Floors, etc. Second floor remains as it was when purchased in 2013 |
Parking Description: | Historic residential neighbor - most residents have driveways for parking. Ample street parking available. |
Freight Elevators: | 1 |
Sprinklers: | Wet |
Heat Source: | Central |
Interior Description: | New (2020) HVAC systems for downstairs Window units for studios upstairs |
Zoning Description: | HM/MU - Historic Urban/Multi-use |
Lot Frontage: | 140 |
Lot Depth: | 66 |
Water Service: | Municipal |
Sewer Type: | Municipal |
Legal Description: | Lot 18, Sq 142, City of New Orleans, Parish of Orleans - State of Louisiana |
Demographic Statistics
Proximity: | 1 mile | 3 miles | 5 miles |
---|---|---|---|
Total Population: | 23,595 | 146,882 | 371,722 |
Median Age: | 39.61 | 37.18 | 35.85 |
Households: | 11,425 | 64,192 | 154,797 |
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