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Restaurant Space with Bar
For Lease
$5,500/Mo

1506 S Carrollton Ave, New Orleans, LA 70118

1,760-square-foot venue includes outdoor seating, a hood-equipped kitchen, and distinct dining and bar areas.

Space SizeContact for details
Days on Market43

Property Features for 1506 S Carrollton Ave

General Information

Standard status Active

Restaurant

Commercial Hood Yes
Patio Yes

Additional Details

Space Use Restaurant

Building Details

Year Built 1930
Listing Agency: Keller Williams Realty New Orleans
Listed By: Patrick Liberto · License #995693947
Source: Dominionplace
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 30 at 8:37PM

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 Keller Williams Realty New Orleans

Investment Insights

Based on property information with market context.

This 1,760-square-foot conventional restaurant space occupies a 1930 building at 1506 S Carrollton Ave in New Orleans. The interior includes a dining room with wood flooring, 11-foot ceilings, and a separate bar area. A kitchen with new tile flooring and an existing hood system is also in place.

Outdoor seating extends the usable customer area, while the layout provides distinct dining, bar, and kitchen zones. The property is located in the historic S. Carrollton neighborhood and is available for a restaurant concept requiring an established food-service configuration.

Key Highlights

  • 1,760 SF restaurant space at 1506 S Carrollton Ave
  • Outdoor seating included
  • Dining area with wood floors and 11‑foot ceilings

Property Analytics

Current Use

Cafetomas Uptown Restaurant

Suggested Use

Top Pick Dental Office Nail Salon Parking Lot & Garage Hair Salon HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Commercial hood
NNN (Triple Net)
Lease Type
$5.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,515
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 79% Dining 21%
Chevron Shops & Services
5,992 visits/mo 0.1 miles
Whitney Bank Shops & Services
4,842 visits/mo 0.2 miles
SUBWAY Dining
2,825 visits/mo 0.2 miles

Demographics for 70118, LA

35,635
Population
15,464
Households
2.3
Avg Household Size
31
Median Age
54%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
7,747
Density / Sq Mi
$62,665
Median Household Income
$28,199
Median Earnings
$1,257
Median Rent
$451,600
Median Home Value

Market

Lease Benchmarks for New Orleans, LA

$30.02 /SF/Yr
Avg Asking Price
$9.47–$68 /SF/Yr
Price Range
48,534 SF
Avg Space Size

This space is priced 25% above the average of $30.02 /SF/Yr.

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - 1,760-square-foot venue includes outdoor seating, a hood-equipped kitchen, and distinct dining and bar areas.
Where is this conventional restaurant located?
The property is located at 1506 S Carrollton Ave New Orleans, LA.
What is the lease rate?
The lease rate is $5,500/Mo.
What are key features of this property?
This property features: 1,760 SF restaurant space at 1506 S Carrollton Ave; Outdoor seating included; Dining area with wood floors and 11‑foot ceilings
More about this property
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