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    125 N Carrollton Ave New Orleans, LA 70119

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    For Lease
    $4,000 /Mo ($11 SF/Yr)

    Restaurant space for lease in prime Mid City location.

    Property size:
    4,181 SF
    Lot size:
    0.06 Acres

    Property Features for 125 N Carrollton Ave

    General Information

    Size
    4,181 SF
    Lot size
    0.06 Acres

    Source: ben + burka Agent Casey A Burka

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mid City Restaurant Space Available

    This ideally located restaurant space is available for lease in Mid City. Situated on Carrollton Avenue, just off Canal Street, the property was last operated as The Italian Pie. The ground floor, approximately 2,000 square feet, is fully built out as a restaurant space. It includes a hood, grease trap, bar, kitchen equipment, and FF&E, but requires updating due to being vacant for several years. The upstairs space is currently in shell condition and has separate access. It is suitable for additional dining space, office space, or conversion to a residential unit. The HU-MU zoning allows for various uses, including retail, office, restaurant, and other commercial and residential purposes. The property is in the heart of Mid City, near Zasu, Revel Cafe & Bar, Angelo Brocato, Mr. Ed’s, Ikura, Wit’s Inn, Cafe Minh, and numerous other local and national restaurants and retailers. The total property size is 4,181 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Italian Pie Pizza Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mayas Food Connection, Sodexo, Toulouse Gourmet Catering, The High Horse Mobile Bar

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.1003161
    Latitude
    29.9753221

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    FAQs

    What type of property is this?
    Restaurant - Restaurant space for lease in prime Mid City location.
    Where is this restaurant located?
    The property is located at 125 N Carrollton Ave New Orleans, LA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Prime Mid City location on Carrollton Avenue, near Canal Street, with high foot traffic and visibility.; - Existing restaurant build-out on the ground floor (approx. 2,000 SF) including hood, grease trap, bar, kitchen equipment, and FF&E.; - HU-MU zoning allows for diverse uses including restaurant, retail, office, commercial, and residential.
    (504) 722-2055
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    125 N Carrollton Ave New Orleans, LA 70119
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    New Orleans, LA 70119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 N Carrollton Ave New Orleans, LA 70119
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