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    Bar / Nightclub / Music Venue New Orleans, LA 70116

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 0 Bar / Nightclub / Music Venue

    Property type
    Commercial real estate

    Description

    This exceptional New Orleans bar/nightclub/music venue is offered for sale at $350,000. Located in a rapidly growing neighborhood, this Class A, single-unit business boasts a versatile space ideal for both bar and live music events. The property is fully licensed for alcohol sales, live entertainment, THC products, and tobacco, offering significant revenue streams. A substantial portion of the 2024 music schedule is already booked, ensuring immediate income for the new owner. The property is also zoned for video poker, presenting additional income opportunities. The lease is a long-term NNN lease, minimizing operational overhead. The building is a single-story structure within a permitted HMC-2 zoning district. This turnkey operation presents a unique opportunity for a savvy investor to acquire a profitable and established business in a prime New Orleans location. There are no restrictions on operating hours. This is a single-tenant, sale/leaseback investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.0703
    Latitude
    29.9483

    Comparable in this City

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      0.16 Acres

      1383 Saint Bernard Ave

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      2,340 SF

      909 Bourbon St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,340 SF
      909 Bourbon St, New Orleans, LA 70116-3120
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      2,382 SF

      819 Decatur St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,382 SF
      819 Decatur St, New Orleans, LA 70116-3305
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    • Value Estimation by Request
      7,425 SF

      1135 Decatur St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,425 SF
      1135 Decatur St, New Orleans, LA 70116-2605
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    • Value Estimation by Request
      4,224 SF

      543 Dumaine St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,224 SF
      543 Dumaine St, New Orleans, LA 70116-3311
      View Details

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    Bar / Nightclub / Music Venue
    New Orleans, LA 70116
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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
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