Turn-Key Restaurant and
735 SAINT JOSEPH Street New Orleans, LA 70130
For Sale
$900,000
Turn-key restaurant and bar with fully equipped kitchen, spacious bar area, and outdoor courtyard plus an upstairs lounge setup.
Property Size2,812 SF
Price / SF$320.06
Days on Market221
Property Features for 735 SAINT JOSEPH Street
General Information
- Standard status
- Active
- Size
- 2,812 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1920
Listing Agency:
Ben & Burka
(504) 301-1002
Listed By:
Aaron Kazanoff · License #0995700882
Source:
Xome
Added: Dec 14, 2025
Changed: Jul 22
Last Checked: Jul 23 at 3:55AM
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 Ben & Burka
Investment Insights
Based on property information with market context.
Located in New Orleans’ Warehouse District, 735 Saint Joseph Street is a turn-key restaurant and bar space designed for immediate operation. The main level features a fully equipped kitchen, a spacious bar area, and an outdoor courtyard for guest seating.
An additional upstairs area offers flexibility as a game, dining, or lounge space, along with a satellite bar. The upper level also includes storage and back-of-house space to support daily operations.
The property is zoned CBD-5 and is positioned between the Lower Garden District, the CBD, and the French Quarter, with easy access to nearby destinations. It is also described as benefiting from high foot traffic and proximity to Herbsaint, Nochi, the Contemporary Arts Center (CAC), Ogden Museum, Keife & Co., and the National WWII Museum.
An additional upstairs area offers flexibility as a game, dining, or lounge space, along with a satellite bar. The upper level also includes storage and back-of-house space to support daily operations.
The property is zoned CBD-5 and is positioned between the Lower Garden District, the CBD, and the French Quarter, with easy access to nearby destinations. It is also described as benefiting from high foot traffic and proximity to Herbsaint, Nochi, the Contemporary Arts Center (CAC), Ogden Museum, Keife & Co., and the National WWII Museum.
Key Highlights
- Turn‑key restaurant and bar space with a fully equipped kitchen and spacious bar area
- Outdoor courtyard included for guest seating and events
- Upstairs has a versatile game/dining/lounge area with a satellite bar, storage, and back of house
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $54.0k | $19.20 |
| − Vacancy | −$1.1k | −$0.38 |
| EGI | $52.9k | $18.82 |
| − OpEx | −$13.2k | −$4.70 |
| NOI | $39.7k | $14.11 |
2,812 SF · lease $19.20/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$566.9K
$496.0K – $661.4K
NOI $39,683 @ 7.0% cap · market cap 4.41%
Second Best
Retail
$496.0K
$434.0K – $578.7K
NOI $34,723 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$714.7K
$625.4K – $833.8K
NOI $50,030 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
FAQs
What type of property is this?
Conventional restaurant - Turn-key restaurant and bar with fully equipped kitchen, spacious bar area, and outdoor courtyard plus an upstairs lounge setup.
Where is this conventional restaurant located?
The property is located at 735 SAINT JOSEPH Street New Orleans, LA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Turn‑key restaurant and bar space with a fully equipped kitchen and spacious bar area; Outdoor courtyard included for guest seating and events; Upstairs has a versatile game/dining/lounge area with a satellite bar, storage, and back of house
