601 Loyola Ave, New Orleans, LA 70113
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.