Turnkey Restaurant and
1701 Lake Ave Metairie, LA 70005
For Lease
Contact for pricing
Fully operating restaurant and bar with an equipped kitchen and video poker in place under a long-term lease structure.
Property Size2,700 SF
Days on Market143
Property Features for 1701 Lake Ave
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Retail, Restaurant
Spaces For Lease
at 1701 Lake Ave Contact us
Listing Agency:
NAI Rampart
Listed By:
Schaffer Mickal · License #LA SALE.0000022404-ACT
Source:
Crexi
Added: Mar 3
Changed: Jul 23
Last Checked: Jul 23 at 12:13PM
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 NAI Rampart
Investment Insights
Based on property information with market context.
This turnkey, fully operating restaurant and bar includes a full kitchen equipped for service and video poker in place. The operation has been established for 30 years and offers breakfast, lunch, and dinner. The owner is willing to stay on as a non-working partner, supporting continuity for an incoming operator.
The offering is structured as a sale of the business together with a long-term lease. Public remarks indicate the business is for sale for $50,000, and no lease is offered without purchase of the business. A long-term lease is available starting at $5,800 per month for a 2,700-square-foot space.
Interested parties should plan for a business-and-lease arrangement rather than a standalone lease.
The offering is structured as a sale of the business together with a long-term lease. Public remarks indicate the business is for sale for $50,000, and no lease is offered without purchase of the business. A long-term lease is available starting at $5,800 per month for a 2,700-square-foot space.
Interested parties should plan for a business-and-lease arrangement rather than a standalone lease.
Key Highlights
- Fully operating restaurant and bar offering breakfast, lunch, and dinner
- Video poker split averaging over $100,000 per year
- Sale includes business for $50,000; no lease without purchase of the business
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Conventional restaurant - Fully operating restaurant and bar with an equipped kitchen and video poker in place under a long-term lease structure.
Where is this conventional restaurant located?
The property is located at 1701 Lake Ave Metairie, LA.
What is the lease rate?
The lease rate is $25.78 SF/Yr.
What are key features of this property?
This property features: Fully operating restaurant and bar offering breakfast, lunch, and dinner; Video poker split averaging over $100,000 per year; Sale includes business for $50,000; no lease without purchase of the business
