1413 Upperline St - Flex FOR SALE


New Orleans, LA 70115
$1,575,000 USD
504-581-5005
1413 Upperline St, New Orleans, LA for Sale
$1,575,000 USD
Flex - FOR SALE
1/10
null | Request Cap Rate

1413 Upperline St
New Orleans, LA 70115


HIGHLIGHTS

  • Excellent location
  • Property currently has liquor license

OVERVIEW

Second-generation restaurant with existing fixtures, furniture, and equipment is now for sale. The restaurant is a combination of two properties (1413 Upperline Street and 4836 Pitt Street) and consists of multiple unique dining areas, each with its own intimate setting. The ground floor features a small bar area, three dining rooms, kitchen, waitstaff area, restrooms, and storage. The second floor has a large office, prep kitchen, a large wine storage room, and a storage area that has potential for future dining room/private event expansion. Located along the growing Prytania corridor among many thriving food and beverage businesses, this property has been a restaurant under different owners for almost nine decades and currently has a liquor license. It is zoned HU-MU neighborhood mixed-use. Owner will consider financing for acquisition.

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$367 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Upperline Restaurant

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.02

LAND SF

958

ZONING

HU-MU

APN/PARCEL ID

6-14-2-253-10

ASK ABOUT THIS PROPERTY

Scott GrafCorporate RealtyMore Info
504-581-5005

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Scott GrafCorporate RealtyMore Info
504-581-5005

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