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 |