Upperline Restaurant 1413 Upperline St

1413 Upperline St , New Orleans, Louisiana, 70115 | 4,534 sq.f | $ 625,000

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About This Restaurant

Investment Highlights

Excellent location Property currently has liquor license

Executive Summary

Second-generation restaurant with existing fixtures, furniture, and equipment is now for sale. The restaurant is a combination of two properties (1413 Upperline Street and 4836 Pitt Street) and consists of multiple unique dining areas, each with its own intimate setting.The ground floor features a small bar area, three dining rooms, kitchen, waitstaff area, restrooms, and storage. The second floor has a large office, prep kitchen, a large wine storage room, and a storage area that has potential for future dining room/private event expansion.Located along the growing Prytania corridor among many thriving food and beverage businesses, this property has been a restaurant under different owners for almost nine decades and currently has a liquor license. It is zoned HU-MU neighborhood mixed-use.Owner will consider financing for acquisition.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant General Retail Bar General Retail Drugstore General Retail Fast Food Restaurant
  • Building Size    4,534
  • Building Class    C
  • Year Built    1996
  • Price    625,000
  • Price Per SF    138
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story

Property Taxes

Parcel Number 6-14-2-253-10 Improvements Assessment $2,940
Land Assessment $30,300 Total Assessment $33,240
Date Created: 2024-07-16 04:16:16 Last Updated: 2024-07-16 04:16:16
Address: 1413 Upperline St , New Orleans, Louisiana, 70115