1051 Annunciation St - Restaurant CONDO FOR SALE


New Orleans, LA 70130- Lower Garden District
$2,390,000 USD
504-236-3891
1051 Annunciation St, New Orleans, LA for Sale
$2,390,000 USD
Restaurant CONDO - FOR SALE
1/32
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1051 Annunciation St
New Orleans, LA 70130
Lower Garden District


OVERVIEW

This ground floor restaurant condominium unit is available for purchase within a larger, four-story residential condominium complex known as The Cotton Mill in the Warehouse District of New Orleans. It is currently leased/operating as a bar and restaurant known as Plates (business not for sale). Furniture, Fixtures & Eqipment are included. The interior of the unit boasts an open dining area with a bar and a food running station, along with four private restrooms, a spacious commercial kitchen, stock rooms, and an office. The ceilings in the dining room soar up to 18 feet in height. The property is zoned CBD-6 Urban Core Neighborhood Mixed-Use District.

FOR SALE DETAILS

PRICE

$2,390,000 USD

PRICE/SF

$501 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

4,769 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1882

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

CBD-6

APN/PARCEL ID

1-02-1-021-00

ASK ABOUT THIS PROPERTY

Chip GardnerCompassMore Info
504-236-3891

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Chip GardnerCompassMore Info
504-236-3891

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.