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    400 Lafayette St New Orleans, LA 70130

    Sponsored
    For Lease
    $35 SF/Yr

    Prime New Orleans Retail/Restaurant Opportunity

    Lot size:
    4,131 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story building, located at 400 Lafayette Street, New Orleans, LA 70130, presents a unique opportunity in the vibrant Warehouse District. Situated on the corner of Lafayette and Magazine Streets, this historic structure boasts stunning architectural details, including exposed brick, high ceilings, and large windows. The building, a combination of three former warehouses, offers a total of three ground-floor retail spaces ideally suited for restaurant or retail use. Two spaces remain available, each equipped with functioning grease traps, perfect for food-service businesses. One corner space is currently occupied by Gyu-Kaku Japanese BBQ. The upper two floors provide office space (listed separately). This highly visible location offers unparalleled access to the Central Business District, numerous restaurants, and other downtown attractions. The property is in Orleans Parish and benefits from its central location within the city. This is a rare chance to secure a prominent retail presence in one of New Orleans' most sought-after neighborhoods. The building's historic character and modern amenities create an exceptional environment for any business. The address is easily accessible and provides excellent visibility for businesses seeking a high-traffic location. This is a turnkey opportunity for businesses looking to establish themselves in a thriving area of New Orleans.

    Property Features for 400 Lafayette St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,131 SF

    Building Details

    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 101
    Size
    1,271 SF
    Rate per SF
    $35
    Space
    Suite 102
    Size
    2,860 SF
    Rate per SF
    $35

    HighLights

    • Magazine Street access.
    • Prime location between the Central Business District and Warehouse District in Downtown New Orleans.
    • Excellent foot traffic, near numerous businesses and attractions.
    • Large windows throughout.
    • Two available ground‑floor retail spaces with functioning grease traps, ideal for restaurants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Andrea K. Steinkamp, ... Social Worker Gyu-Kaku Japanese BBQ Japanese Restaurant Anita H. Francois, ... Social Worker Jose R. Machuca, ... Doctor

    Suggested Use

    Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Restaurant Building Supply Daycare Center Gym & Fitness Kitchen & Bath

    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
    -90.068071
    Latitude
    29.9476107

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    FAQs

    What type of property is this?
    Restaurant - Prime New Orleans Retail/Restaurant Opportunity
    Where is this restaurant located?
    The property is located at 400 Lafayette St New Orleans, LA.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: Magazine Street access.; Prime location between the Central Business District and Warehouse District in Downtown New Orleans.; Excellent foot traffic, near numerous businesses and attractions.
    Request Owner's contact information
    400 Lafayette St New Orleans, LA 70130
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    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
    400 Lafayette St New Orleans, LA 70130
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