Restaurant Space with Upstairs
For Lease
Contact for pricing
125 N Carrollton Ave, New Orleans, LA 70119
Ground-floor restaurant buildout with hood, grease trap, bar, and kitchen equipment, plus an upstairs shell with separate access.
Property Size4,181 SF
Days on Market943
Property Features for 125 N Carrollton Ave
General Information
Standard status
Active
Size
4,181 SF
Net Rentable
2,000 SF
Property subtype
RETAIL
Zoning
HU-MU
Lease Type
SF/mo
Space & Availability
Available Space
2,000 SF
Contiguous Space
2,000 SF
Floor
Ground
Space Use
Restaurant
Furnished
Yes
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Equipment Included
Yes
Listing Agency:
ben + burka
(512) 799-3069
Listed By:
Aaron Kazanoff · License #0995700882
(512) 799-3069
Source:
Moodyscre
Added: Jan 1, 2024
Changed: Jul 31
Last Checked: Jul 31 at 10:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ben + burka
Investment Insights
Based on property information with market context.
This Mid City restaurant space is available for purchase or lease and has been vacant since its last operation as Milkfish. The ground floor (approximately 2,000 SF) is fully built out as a restaurant space, including a hood and grease trap, bar area, kitchen equipment, and FF&E.
An upstairs space is currently in shell condition and has its own separate access, which can support additional dining space, office space, or a conversion to a residential unit. HU-MU zoning allows for short-term rentals at this location.
The property is located on Carrollton Avenue, just off Canal Street, and is in close proximity to a mix of nearby restaurants and retailers including Zasu, Revel Cafe & Bar, Angelo Brocato, Bevi Seafood, Mr. Ed’s, Ikura, Wit’s Inn, and Cafe Minh.
An upstairs space is currently in shell condition and has its own separate access, which can support additional dining space, office space, or a conversion to a residential unit. HU-MU zoning allows for short-term rentals at this location.
The property is located on Carrollton Avenue, just off Canal Street, and is in close proximity to a mix of nearby restaurants and retailers including Zasu, Revel Cafe & Bar, Angelo Brocato, Bevi Seafood, Mr. Ed’s, Ikura, Wit’s Inn, and Cafe Minh.
Key Highlights
- Ground‑floor restaurant buildout includes hood and grease trap, bar, kitchen equipment, and FF&E
- Approximately 2,000 SF fully built out on the ground floor
- Upstairs space is in shell condition with separate access
Property Analytics
Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$2.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,070
Businesses Nearby
255k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Dining 20%
Shops & Services 19%
Apparel 11%
Rouses Market
Groceries
53,082 visits/mo
0.2 miles
Winn-Dixie
Groceries
44,604 visits/mo
0.2 miles
Marshalls
Apparel
28,965 visits/mo
0.3 miles
Capital One Bank
Shops & Services
15,621 visits/mo
0.1 miles
Shell
Shops & Services
12,425 visits/mo
0.5 miles
Demographics for 70119, LA
38,048
Population
21,595
Households
1.8
Avg Household Size
37
Median Age
47%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
8,455
Density / Sq Mi
$50,854
Median Household Income
$44,278
Median Earnings
$1,298
Median Rent
$359,300
Median Home Value
Market
Lease Benchmarks for New Orleans, LA
$21 /SF/Yr
Avg Asking Price
$6.84–$54.5 /SF/Yr
Price Range
3,407 SF
Avg Space Size
This space is priced 32% below the average of $21 /SF/Yr.
Vacancy Rate% for Retail in New Orleans, LA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Ground-floor restaurant buildout with hood, grease trap, bar, and kitchen equipment, plus an upstairs shell with separate access.
Where is this conventional restaurant located?
The property is located at 125 N Carrollton Ave New Orleans, LA.
What is the lease rate?
The lease rate is $5,000 /Mo.
What are key features of this property?
This property features: Ground‑floor restaurant buildout includes hood and grease trap, bar, kitchen equipment, and FF&E; Approximately 2,000 SF fully built out on the ground floor; Upstairs space is in shell condition with separate access
