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Two-Story Restaurant with Kitchen
For Sale
$3,100,000

3226 Magazine St, New Orleans, LA 70115

Renovated two-story restaurant with partially equipped kitchen, ventilation hood systems, and balcony seating for turnkey food service.

Property Size8,870 SF
Price / SF$349.49
Days on Market103

Property Features for 3226 Magazine St

General Information

Standard status Active
Size 8,870 SF
Total Parking Spaces 4
Property subtype Retail
Zoning HU-B1

Amenities

Power
Water
Sewer
Natural Gas
Vacant
4 Parking Spaces
Listing Agency: Talbot Realty Group
Listed By: Michael Pou · License #0000016049
Source: Lacdb.resimplifi
Added: Jun 16 Changed: Sep 9 Last Checked: Sep 24 at 6:51AM

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 Talbot Realty Group

Investment Insights

Based on property information with market context.

This two-story restaurant offers a large partially equipped kitchen, walk-in coolers, and two functional ventilation hood systems. The property includes two equipped bars, with one bar on each floor, and balcony seating. Some FF&E is included in the sale, and the restaurant was renovated in 2024. Floor plans are available for review.

The second floor can be accessed two ways, through an interior stairwell and via a separate outside door, which supports operational flexibility. The layout is designed for a fully usable dining and service concept across both levels, while still allowing the upper floor to be separated if needed.

For a buyer or operator looking for an existing restaurant facility, the combination of kitchen infrastructure, equipped bar areas, and recent renovation can reduce buildout requirements. The dual-access configuration on the second floor also lends itself to alternative programming such as an office use or residential-style adaptation, subject to applicable requirements.

Key Highlights

  • Two‑story restaurant for sale at 3226 Magazine Street in New Orleans
  • Renovated in 2024
  • Partially equipped kitchen with walk‑in coolers and two functional ventilation hood systems

Property Analytics

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Current Use

Tracey's Original Irish ... Bar & Pub

Suggested Use

Top Pick Accounting Firm Electrical Service Computer & Electronic Repair Daycare Center Auto Parts Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

2,486
Businesses Nearby
98k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Groceries 23% Shops & Services 10% Home Improvements & Furnishings 7%
McDonald's Dining
29,032 visits/mo 0.5 miles
The Fresh Market Groceries
22,387 visits/mo 0.5 miles
Starbucks Dining
16,635 visits/mo 0.4 miles
Floor & Decor Home Improvements & Furnishings
6,964 visits/mo 0.3 miles
Chipotle Mexican Grill Dining
6,633 visits/mo 0.3 miles

Demographics for 70115, LA

31,736
Population
18,134
Households
1.8
Avg Household Size
38
Median Age
64%
College-Educated
95%
High-School Grad
3.8 sq mi
ZIP Area
8,352
Density / Sq Mi
$94,181
Median Household Income
$57,242
Median Earnings
$1,442
Median Rent
$616,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Renovated two-story restaurant with partially equipped kitchen, ventilation hood systems, and balcony seating for turnkey food service.
Where is this conventional restaurant located?
The property is located at 3226 Magazine St New Orleans, LA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Two‑story restaurant for sale at 3226 Magazine Street in New Orleans; Renovated in 2024; Partially equipped kitchen with walk‑in coolers and two functional ventilation hood systems
More about this property
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