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    FOR SALE
    Bars & Pubs

    601 Loyola Ave, New Orleans, LA 70113

    23,700 SF Built 1973
    Property ID
    US36-1275272
    No photos on file
    For Sale
    $8,500,000 23,700 SF
    601 Loyola Ave, New Orleans, LA 70113
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    Property summary
    AI-generated overview

    This exceptional 7,900 square foot, second-generation restaurant space is located on the ground floor of the Hyatt Regency New Orleans. Boasting a fully equipped, state-of-the-art commercial kitchen, the space offers both dedicated exterior access with prominent signage and direct interior access to the hotel's extensive guest base. Situated within the Arts & Entertainment District, this Class A property enjoys unparalleled visibility and proximity to major attractions including the Caesars Superdome, Smoothie King Center, and Champions Square, as well as the French Quarter. The 0.92-acre lot houses a single, two-story building (23,700 total square feet) built in 1973, featuring elevators and zoned CBD-4. This location benefits from high foot traffic generated by the hotel, tourists, and local residents, creating a diverse customer base. The property's connection to the Hyatt Regency provides access to existing infrastructure, including parking and concierge services, fostering potential cross-promotion opportunities. The hotel management team is committed to supporting the success of the new restaurant venture. This is a truly unique opportunity to establish a thriving restaurant business in a vibrant and high-traffic location within one of New Orleans' premier hotels. The Orleans Parish property (APN: 103105933) offers a turnkey operation with significant potential for growth. The former Borgne Restaurant space is ready for immediate occupancy. The Uptown-Garden District submarket location ensures a strong customer base and high visibility.

    Property profile
    Verified
    Property type Bars & Pubs
    Year built 1973
    Total area 23,700 SF
    UPID US36-1275272
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • New Orleans Sports Field & Court
    • Rush My Passport (Bike/Boat/Book/etc) Store
    • My hotel Hotel & Motel
    • Big Night New Orleans, LLC Event Planning Wedding Service
    • 1718 Events Take-out & Catering Catering Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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