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1051 Annunciation St
New Orleans, LA 70130 Lower Garden District

$2,390,000 USD

Restaurant Condo For Sale  •  4,768 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,769 SF
  • Lot Size 0.11 AC
  • Building Class B
  • Year Built 1882
  • Tenancy Single
  • Zoning CBD-6
65 Transit Score
94 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Restaurant Retail 4,768 SF $2,390,000 USD
  • Unit Size: 4,768 SF
  • Condo Use: Retail
  • Price: $2,390,000 USD
  • Sale Type: Investment
  • Price/SF: $501.26 USD
Description
Beautiful renovated restaurant and event space. Condo owner has access to fitness center, clubhouse, pool, courtyard, 24 hr security, and community room.

Description 

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.

Highlights

Located in the Cotton Mill Condominiums of New Orleans

Property Flyers

Amenities

  • Restaurant
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
3 min 15 min 0.8 mi
Transit/SubwayDriveWalkDistance
St Charles at Lee Circle (St. Charles Streetcar - New Orleans Regional Transit Authority Streetcars (New Orleans Streetcars)) 1 min 7 min 0.4 mi
St Charles and Erato (St. Charles Streetcar - New Orleans Regional Transit Authority Streetcars (New Orleans Streetcars)) 2 min 9 min 0.5 mi
Howard and Carondelet (St. Charles Streetcar - New Orleans Regional Transit Authority Streetcars (New Orleans Streetcars)) 2 min 9 min 0.5 mi
St Charles and MLK Blvd/Melpomene (St. Charles Streetcar - New Orleans Regional Transit Authority Streetcars (New Orleans Streetcars)) 2 min 11 min 0.6 mi
St Charles and Euterpe (St. Charles Streetcar - New Orleans Regional Transit Authority Streetcars (New Orleans Streetcars)) 2 min 13 min 0.7 mi
AirportDriveWalkDistance
Louis Armstrong New Orleans International 22 min - 15.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Glenn 'Chip' Gardner 504-236-3891 Compass
Glenn 'Chip' Gardner 504-236-3891 Compass