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1012 N Rampart St

Retail | 4,830 SF

Listing Contacts

Active

Asking Price: $3,950,000
Address 

1012 N Rampart St, New Orleans, LA 70116

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Date Added
Sep 4, 2024
Days on Market
195 days
Time Since Last Update
18 days

Details

Property TypeRetail
SubtypeRestaurant, Bar
ClassA
TenancySingle
Square Footage4,830
Price/Sq Ft$817.81
Buildings1
Stories2
ZoningVCC-2
Lot Size (sq ft)4,602
Sale ConditionFor sale by owner

Marketing Description

1012 N.​ Rampart, located in the bustling French Quarter and current home to the establishment, American Townhouse, is available for purchase.​ This opportunity provides a turnkey ADA compliant restaurant and bar including all FF&E, restaurant and bar inventory, licenses, and intangibles.​ The historic 1857 Greek Revival Townhouse was gutted to the studs when originally purchased in 2019 to bring this beautiful building back into commerce.​ Each detail for layout and functionality for the +/- 4,830 SF was thoughtfully implemented for seamless restaurant and bar operations.​ The downstairs bar and dining lead to a lush, landscaped brick courtyard, and the extra dining/event space on the second floor opens to a balcony that overlooks North Rampart Street and Louis Armstrong Park.​ The third floor is conditioned providing ample space for additional storage.​ The current seating, including both interior and exterior, provides a capacity for 160 (current interior seating arrangement: 122), which may be increased.​ The position of the site on N.​ Rampart Street, a major thoroughfare for vehicles, provides excellent visibility and allows access for larger bus services for events.​ The New Orleans streetcar passes directly in front of the building, which is surrounded by hotels, residences and numerous other restaurants and bars providing abundant foot traffic.​ American Townhouse has been operating in this location since 2021.​ The current operator has been in the industry for over 30 years and owned his own establishments for the better part of 18 years.​ This is an incredible plug and play opportunity for an operator to join the historic French Quarter and already have a following of patrons who frequent the establishment.​

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Due Diligence

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Listing Contacts


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Broker Information
Broker Name
Lauren Ryan
Broker License
LA LA 0995687525
Brokerage Name
Stirling
Broker Title
Advisor
Brokerage Address
601 Poydras Street, New Orleans, United States 70130
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