Restaurant and Bar with
For Sale
$900,000
735 Saint Joseph Street, New Orleans, LA 70130
A fitted kitchen, two bar areas, and an upper-level dining or lounge space support restaurant operations.
Property Size2,812 SF
Price / SF$320.06
Days on Market247
Property Features for 735 Saint Joseph Street
General Information
Standard status
Active
Size
2,812 SF
Property subtype
Commercial
Zoning
CBD-5
Site & Location
Neighborhood
Lower Garden District
Additional Details
Equipment Included
Yes
Amenities
outdoor courtyard
Building Details
Building Size
2,812 SF
Year Built
1920
Stories
2
Listing Agency:
Ben & Burka
(504) 301-1002
Listed By:
Aaron Kazanoff · License #0995700882
(512) 799-3069
Source:
Cypresskeyrealty
Added: Feb 18
Changed: Oct 23
Last Checked: Oct 23 at 5:48PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 735 Saint Joseph Street, this restaurant property includes a fully equipped kitchen, a main bar, and an outdoor courtyard. The upper floor offers flexible game, dining, or lounge space, along with a satellite bar, storage, and back-of-house area. The building dates to 1920 and carries CBD-5 zoning.
The property is in New Orleans’ Warehouse District, near Herbsaint, Nochi, the Contemporary Arts Center, Ogden Museum, Keife & Co., and the National WWII Museum. The source also identifies retail and office space among potential uses.
The property is in New Orleans’ Warehouse District, near Herbsaint, Nochi, the Contemporary Arts Center, Ogden Museum, Keife & Co., and the National WWII Museum. The source also identifies retail and office space among potential uses.
Key Highlights
- Fully equipped kitchen and main bar
- Outdoor courtyard
- Upper‑level game, dining, or lounge area with satellite bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,683
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$793,660
$793.7K
Cap Rate 7%
$566,900
$566.9K
Cap Rate 9%
$440,922
$440.9K
Market Conditions
NOI Build-Up for 2,812 SF
Gross rent
$54.0K $19.20/SF
− Vacancy
−$1.1K −$0.38/SF
EGI
$52.9K $18.82/SF
− OpEx
−$13.2K −$4.70/SF
NOI
$39.7K $14.11/SF
Area
New Orleans, LA
Vacancy
2.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$793,660
Cap Rate 7%
$566,900
Cap Rate 9%
$440,922
Alternative Uses
Best Use
Specialty Retail
$566.9K
$496.0K – $661.4K
NOI $39,683 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,537
Businesses Nearby
284k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 44%
Dining 22%
Groceries 17%
Shops & Services 12%
Rouses Market
Groceries
49,050 visits/mo
0.2 miles
Exxon
Shops & Services
24,253 visits/mo
0.1 miles
Hotel Fontenot
Hotels & Casinos
20,339 visits/mo
0.5 miles
Raising Cane's Chicken Fingers
Dining
19,194 visits/mo
0.3 miles
Renaissance New Orleans Arts Warehouse District Hotel
Hotels & Casinos
16,846 visits/mo
0.4 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
Vacancy Rate% for Retail in New Orleans, LA
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A fitted kitchen, two bar areas, and an upper-level dining or lounge space support restaurant operations.
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: Fully equipped kitchen and main bar; Outdoor courtyard; Upper‑level game, dining, or lounge area with satellite bar
