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Turnkey Restaurant and Bar
For Lease
$3,000/Mo

3629 Prytania St, New Orleans, LA 70115

First-floor restaurant is fully equipped with an established liquor license, plus a second-floor bar concept.

Space SizeContact for details
Days on Market68

Property Features for 3629 Prytania St

General Information

Standard status Active
Zoning MU-1

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Year Built 2006
Listing Agency: United Real Estate Partners LLC
Listed By: Tom Bookhardt · License #995716142
Source: Fiorellaavenue
Added: Jul 3 Changed: Sep 8 Last Checked: Sep 8 at 6:06AM

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 United Real Estate Partners LLC

Investment Insights

Based on property information with market context.

Turnkey restaurant and bar opportunity featuring a first-floor dining layout with ample tables and a fully equipped back of the house. The property is presented with an established liquor license already in place.

The second floor operates as an established bar named “The Library,” serving its own clientele. The building is zoned MU-1, Medium Intensity Mixed-Use District, and is in Flood Zone X.

Situated at 3629 Prytania Street in New Orleans, the space is positioned as a ready-to-operate food and beverage concept with both dining and bar offerings under one roof.

Key Highlights

  • Turnkey restaurant on the first floor with ample tables and a fully equipped back of the house
  • Established liquor license included
  • Second floor features an established bar concept named “The Library”

Property Analytics

Current Use

The Library New Orleans Bar & Pub Italian Pie Uptown Restaurant Dr. Bradley Bartholomew Physician

Suggested Use

Top Pick Building Supply Accounting Firm Auto Parts Store Electrical Service HVAC Service Kitchen & Bath Showroom

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

Turnkey business
Opportunity
Yes
Liquor license
NNN (Triple Net)
Lease Type
$1.42 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,884
Businesses Nearby
73k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Groceries 31% Apparel 12% Beauty & Spa 7%
McDonald's Dining
29,032 visits/mo 0.3 miles
The Fresh Market Groceries
22,387 visits/mo 0.3 miles
Lush Cosmetics Beauty & Spa
5,387 visits/mo 0.4 miles
Buffalo Exchange Apparel
4,783 visits/mo 0.4 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
3,370 visits/mo 0.4 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

Market

Lease Benchmarks for New Orleans, LA

$30.69 /SF/Yr
Avg Asking Price
$16.77–$68 /SF/Yr
Price Range
57,377 SF
Avg Space Size

This space is priced 69% below the average of $30.69 /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 - First-floor restaurant is fully equipped with an established liquor license, plus a second-floor bar concept.
Where is this conventional restaurant located?
The property is located at 3629 Prytania St New Orleans, LA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: Turnkey restaurant on the first floor with ample tables and a fully equipped back of the house; Established liquor license included; Second floor features an established bar concept named “The Library”
More about this property
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