Fine Dining Restaurant Facility For Sale or Lease

Special Purpose for Sale
Catylist Listing ID: 30179647
Building Size (RSF): 6,100 SF
Gross Land Area: 1.28 Acres
Sale Price: $1,800,000
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2019

Overview / Comments

Rare opportunity to Lease or Buy a 6,000 square foot white table cloth restaurant sitting on 1.28 acres located on Highway 190 just north of I-12. This successful fine dining restaurant has operated for 25 plus years and has enjoyed a substantial customer base since opening. Walking distance to 11 hotels and major office park. This offer includes all Furniture, Fixtures and Equipment which has been upgraded and is in excellent condition.
Please view extensive photographs attached.

Priced very reasonably at $1,800,000 for sale or $8,500.00/month NNN, including land, building and all FF&E.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Saint Tammany
Tax ID/APN: 1070106143
Zoning: HC3
Property Located Between: Holiday Blvd and Park Place
Property Visibility: Excellent
Largest Nearby Street: I-12
Feet of Frontage: 115
Traffic/Vehicle Count: 61,490
Highway Access: Highway 190 and I-12
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,100 SF
Property Condition: Excellent
Year Built: 1986
Year Renovated: 2014
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,021 31,919 74,681
Median Age: 37.02 41.85 39.92
Households: 2,681 12,451 28,232


Photograph of Listing Agent

Bucky Meredith, Jr

Meredith, Escher, McMath Real Estate Mandeville, LA 70471
Not a member of MCAR CIE
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