St. Roch Area Building with Bar License
Retail-Commercial
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: |
30787500 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
3,781 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$1,500,000 |
| Unit Price: |
$396.72 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Usable Size (USF): |
3,781 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/17/2023 |
Overview / Comments
2401 St. Claude Ave is an exceptional multi-use standalone building that would benefit from an owner/user or as an investment. Situated on an extremely visible corner of a signaled intersection, this stretch of St. Claude Avenue attracts both residents and visitors and sees a steady stream of foot and car traffic in this dynamic commercial corridor in the St. Roch area.
The space is immediately adjacent to St. Roch Market, a historic market that was turned into a highly trafficked food hall featuring a variety of local food vendors, and near other established restaurants and retail shops. It is diagonally adjacent from the New Orleans Healing Center, a community center that includes a food co-op, restaurant, fitness center, performance space, art galleries, and more.
This Italianate-style building was recently renovated, restoring it to its former beauty, including refurbishing its original wrap-around balcony. The building is ideal for restaurant or bar use with the second floor being used as an event space or a separate office unit. The entire building is 3,781 sf total, with first floor at 2,299 sf and second floor at 1,482 sf.
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Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Greater New Orleans |
| Tax ID/APN: |
41069111 |
| Zoning: |
HMC-2 |
| Retail Clientele: |
General, Family, Business, Other |
| Property Located Between: |
St. Roch Ave and Music St |
| Property Visibility: |
Good |
| Largest Nearby Street: |
St Claude Ave |
| Traffic/Vehicle Count: |
29,729 |
| Highway Access: |
Easy connections to I-10 and Claiborne |
| Site Description: |
Heavily residential area with strong commercial corridor in St Claude Ave. Consists of many art galleries, restaurants, and more. |
| Area Description: |
This area is easily accessible via public transit. There are two New Orleans bus lines that stop at the front door, and the Rampart-St. Claude streetcar line is only four blocks away. Additionally, there is a dedicated bike lane along St. Claude Avenue. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Parking Description: |
street |
| Interior Description: |
Recently renovated, this features four fully finished bathrooms, finished bar with drains, multiple HVAC systems, fully functioning fire alarm system, grease trap, 2" gas line. It is ready for hood installation. |
| Zoning Description: |
The HMC-2 Historic Marigny/Tremé/Bywater Commercial District is intended to permit more intensive commercial uses than the HMC-1 District, yet protect the historic character of the Marigny/Tremé/Bywater area. Uses include but are not limited to art gallery, bar (conditional), micro-brewery, micro-distillary, office, restaurant, and short-term rental. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
26,531 |
152,170 |
370,330 |
| Median Age: |
39.13 |
36.96 |
35.92 |
| Households: |
12,872 |
65,565 |
155,169 |
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
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