www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze property details including ownership and financial history. Share advanced property insights with your clients and teams.

Turn Key Restaurant Opportunity

Outstanding Second-Gen Restaurant Opportunity

Listing Contacts

See All (3)

Active

Asking Price: $1,300,000
Address 

4842 Tchoupitoulas St, New Orleans, LA 70115

Show on Map
Date Added
Feb 7, 2025
Days on Market
77 days
Time Since Last Update
72 days

Details

Property TypeRetail
SubtypeRestaurant
Investment TypeOwner/User
TenancyVacant
Square Footage1,872
OccupancyVacant
Year Built1920
ZoningMU-1
Lot Size (sq ft)4,224
Ground LeaseNo
IntelligenceINTELLIGENCE
Explore more in-depth Comp & Record details for this property. Explore

Marketing Description

Outstanding Second-Gen Restaurant Acquisition Opportunity located along the thriving and rapidly developing Tchoupitoulas Corridor.​ The current home of the Wonderland and the Sea, 4842 Tchoupitoulas St.​ is a recently renovated turn-key restaurant offering an excellent opportunity for a new or established restaurant concept to move in and expedite its launch.​ Sited on the hard corner of Tchoupitoulas and Lyons St.​, the property offers ±1,872 SF of improvements sited on a ±4,224 SF parcel providing for a supplemental and spacious outdoor dining patio.​ The entire site is currently zoned MU-1 (Medium Intensity Mixed-Use District) allowing for a multitude of permitted uses.​ Please do not tour the property without a listing agent being present and DO NOT disturb the current owner/operator (the concept is still operating and IS NOT closing).​ All measurements are approximate/not guaranteed and are to be verified by the purchaser.​ Zoning, Overlays, and Intended Use are to be verified by the purchaser.​ Property to be sold in “as is, where is" condition with a Waiver of Redhibition to be executed and made part of the sale documents.​

The MU-1 Medium Intensity Mixed-Use District is intended to encourage walkable neighborhood centers and corridors, with a mix of residential and commercial uses.​ Buildings may contain vertical mixed-use as well as single purpose uses designed to provide transitions to adjacent lower density residential areas.​

Please do not tour the property without a listing agent being present and DO NOT disturb the current owner/operator (the concept is still operating and IS NOT closing).​ The current owner/operator will consider a sale-leaseback of the property; contact listing agents for more details.​ Call/email listing agents to schedule all appointments and allow 48-hour minimum notice for all showings.​

Investment Highlights

  • ​Turn Key Restaurant For Sale
  • ​Recently Renovated Space
  • ​±1,872 SF of Improvements
  • ​Site is Approximately 4,224 SF
  • ​Located in the Thriving Tchoupitoulas Corridor

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts

See All (3)

Similar Properties for Sale

Pictures of Retail, Office property located at 4934 Magazine St, New Orleans, LA 70115 for sales - image #1
$1,200,000
4934 Magazine St
Prime Commercial Property • New Orleans, LA (Magazine St)

4934 Magazine St New Orleans, LA 70115

Pictures of Retail property located at 1413 Upperline St, New Orleans, LA 70115 for sales - image #1
$1,575,000
Upperline Restaurant
Iconic Uptown New Orleans Restaurant Property for Sale • 4,293 SF

1413 Upperline St New Orleans, LA 70115

Pictures of Retail property located at 4119 Magazine St, New Orleans, LA 70115 for sales - image #1
$1,850,000
Trophy Magazine Street NNN Investment - New Orleans, LA
NNN Leased Buffalo Exchange Property on Main Thoroughfare

4119 Magazine St New Orleans, LA 70115

Pictures of Retail, Office property located at 731 Nashville Ave, New Orleans, LA 70115 for sales - image #1
$759,500
731 Nashville Avenue
Retail • 2,170 SF

731 Nashville Ave New Orleans, LA 70115

Pictures of Retail property located at 3507 Tchoupitoulas St, New Orleans, LA 70115 for sales - image #1
$795,000
Turn-Key Restaurant Opportunity
Retail • 1,358 SF

3507 Tchoupitoulas St New Orleans, LA 70115

Pictures of Mixed Use, Multifamily, Retail property located at 3341 Magazine St, New Orleans, LA 70115 for sales - image #1
$2,700,000
Trophy Magazine Street Investment/Restaurant
Trophy Asset Available for Sale on Magazine Street, New Orleans, LA.

3341 Magazine St New Orleans, LA 70115

Pictures of Office, Retail property located at 3316 Magazine St, New Orleans, LA 70115 for sales - image #1
$1,150,000
MAGAZINE RETAIL FOR SALE/LEASE
Office • 2,326 SF

3316 Magazine St New Orleans, LA 70115

Pictures of Land, Mixed Use, Retail property located at 5010 Freret St, New Orleans, LA 70115 for sales - image #1
Opportunity Zone
$649,000
Freret Street Commercial For Sale
Land • 3,630 SF

5010 Freret St New Orleans, LA 70115

Pictures of Office, Retail property located at 2506 Jena St, New Orleans, LA 70115 for sales - image #1
Opportunity Zone
$460,000
Freret Corridor Office/Retail for Sale or Lease
Freret Corridor Retail/Office for Sale or Lease

2506 Jena St New Orleans, LA 70115

Pictures of Mixed Use, Multifamily, Office, Retail property located at 1027 Ninth St, New Orleans, LA 70115 for sales - image #1
$849,000
1027 Ninth Street
Mixed Use • 3,810 SF

1027 Ninth St New Orleans, LA 70115

Pictures of Land, Mixed Use, Office, Retail property located at 4429 Willow St, New Orleans, LA 70115 for sales - image #1
Opportunity Zone
$1,470,000
4429 Willow Street
±0.49 Acres • Medical Office Development Site • New Orleans

4429 Willow St New Orleans, LA 70115

See more properties for sale in New Orleans
See More
See More Similar Properties
Additional Information
Broker Name
Reed Wiley, CCIM
Broker License
LA LA BROK.995704349-ASA
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off? Report