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    1131 Tchoupitoulas St New Orleans, LA 70130

    Sponsored
    For Sale
    $3,500,000

    New Orleans Bar/Restaurant/Events Space. $3.5M

    Property size:
    6,402 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional three-story, 6,402 sq ft mixed-use building in New Orleans' Warehouse District is available for $3,500,000. Built in 2019 to Category 5 hurricane standards, it features concrete floors, steel construction, and modern materials. The ground floor boasts a fully equipped bar and kitchen with an outdoor courtyard, currently licensed for operation. The second floor offers event space with a private balcony overlooking Tchoupitoulas Street. A three-bedroom apartment with a large rooftop deck occupies the third floor. The property includes an adjoining lot via a 99-year ground lease, encompassing a courtyard, rear parking lot, and a private street. The building is conveniently located near the Convention Center and WWII Museum, surrounded by thriving businesses. This turnkey opportunity includes three units and is currently vacant. The property sits on a 14,323 sq ft lot and is zoned CBD-6. An attractive owner financing option is available. This Class A property offers a unique blend of commercial and residential space in a prime New Orleans location. The building is serviced by an elevator and equipped with a full sprinkler system.

    Property Features for 1131 Tchoupitoulas St

    General Information

    Property type
    Restaurants
    Square Feet
    6,402 SF
    Class
    A

    Building Details

    Year Built
    2019
    Buildings
    1
    Stories
    3
    Units
    3
    Property Profile Location Intelligence

    Current Use by Public Records

    Bryant Park Nola Bar & Grill

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.06700341643
    Latitude
    29.939769957354

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    FAQs

    What type of property is this?
    Restaurant - New Orleans Bar/Restaurant/Events Space. $3.5M
    Where is this restaurant located?
    The property is located at 1131 Tchoupitoulas St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    Request Owner's contact information
    1131 Tchoupitoulas St New Orleans, LA 70130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1131 Tchoupitoulas St New Orleans, LA 70130
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