Search
Mixed-Use Building with Commercial Kitchen

309 DECATUR Street, New Orleans, LA 70130

For Sale
$4,800,000

Three levels combine restaurant and bar space, general commercial area, and offices, served by an elevator and interior stairs.

Property SizeContact for details
Lot Size0.15 Acres
Days on Market563

Property Features for 309 DECATUR Street

General Information

Standard status Active
Lot size 0.15 Acres
Zoning VCE-1

Site & Location

Neighborhood Central Business District

Additional Details

Equipment Included Yes
Tenant in Place Yes

Building Details

Year Built 1890
Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Compass Mandeville
Listed By: Chip Gardner · License #912124852
Source: Talbot-realty
Added: Apr 25, 2025 Changed: Nov 7 Last Checked: Nov 7 at 12:02PM

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 Compass Mandeville

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This three-story mixed-use building at 309-311 Decatur Street has restaurant and bar space with commercial kitchen equipment on the ground floor, general commercial space on the second level, and offices above. A passenger elevator and two interior stairwells connect the floors, each of which has its own restrooms. The building dates to 1890 and has dual front access.

The site measures 6,540 square feet, with 42.5 feet along Decatur Street and a depth of 153.5 feet. The property is zoned VCE-1, Vieux Carre Entertainment District, in New Orleans.

Key Highlights

  • Restaurant and bar space with included commercial kitchen equipment
  • Three‑story layout includes restaurant/bar, general commercial, and office space
  • Passenger elevator and two interior stairwells serve all floors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Elite Bartending School ... Vocational School Hide/Seek Bar & Pub

Suggested Use

Top Pick Daycare Center Auto Parts Store Home Appliance Store HVAC Service Kitchen & Bath Showroom Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

8,445
Businesses Nearby
309k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 63% Dining 17% Groceries 13% Apparel 4%
The Ritz-Carlton, New Orleans Hotels & Casinos
59,768 visits/mo 0.4 miles
Rouses Market Groceries
35,073 visits/mo 0.3 miles
Hotel Fontenot Hotels & Casinos
20,339 visits/mo 0.4 miles
DoubleTree by Hilton Hotel New Orleans Hotels & Casinos
18,904 visits/mo 0.3 miles
Dick's Last Resort Dining
16,371 visits/mo 0.1 miles

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in New Orleans, LA

$283 Jul
$262 Aug
$266 Sep
$278 Oct

Properties on Market for Mixed-use properties in New Orleans

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Three levels combine restaurant and bar space, general commercial area, and offices, served by an elevator and interior stairs.
Where is this mixed-use property located?
The property is located at 309 DECATUR Street New Orleans, LA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Restaurant and bar space with included commercial kitchen equipment; Three‑story layout includes restaurant/bar, general commercial, and office space; Passenger elevator and two interior stairwells serve all floors
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved