NOT LISTED FOR SALE
-- Bed
-- Bath
3,800 Sq Ft
4,138 Sq Ft Lot

Highlights

  • Two cooling system units
  • Central Heating and Cooling System
  • Rectangular Lot
  • Accessibility Features

About This Home

As of June 2024

Don't miss out on the incredible opportunity to lease a fully ready-to-go, turn-key restaurant on the bustling Freret Street in the established Freret Street Corridor one block from Napoleon Ave. Surrounded by thriving local businesses and public parking conveniently located on next block, this commercial space spans approximately 3,800 square feet. The space contains 3 restrooms, a large built out kitchen approximately 1,000 square feet, with existing hood system and grease trap and working walk-in cooler, marble topped bar seats approximately 20, with a 30 tap beer system including custom built walk-in refrigeration, office space, extra storage areas and custom built walk-in meat curing room/produce closet. Approx 15 tables and table bases, 20-30 chairs, five hand sinks, one three compartment sink, one two compartment food sinks, three behind bar glass racks, one behind bar three compartment sink, 100 + plates/dish ware, stack of lexans, grease traps can be included in lease. Zoned HU-MU Historic Urban Multi Use.

Last Agent to Rent the Property

JOHN EXNICIOS

Berkshire Hathaway HomeServices Preferred, REALTOR License #995682457 Listed on: 02/07/2024

Berkshire Hathaway HomeServices Preferred, REALTOR

Last Renter's Agent

Stephan Mock

REVE, REALTORS License #995693715

REVE, REALTORS

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,245

Year Built

  • Built in 1959

Lot Details

  • Rectangular Lot
  • Zoning described as COM

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Additional Features

  • Accessibility Features
  • City Lot

Listing and Financial Details

  • Security Deposit $10,133
  • Tenant pays for all utilities, insurance, janitorial service, taxes

Property Details

Property Type

Other

Est. Annual Taxes

$12,245

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes
  • Security Deposit: 10133.0

Listing Details

  • Property Sub Type: Business
  • Prop. Type: Commercial Lease
  • Business Type: Restaurant
  • Directions: From South Claiborne Avenue head South on Napoleon Ave. Turn right onto Freret Street. Restaurant on left
  • Year Built: 1959
  • Property Sub Type Additional: Business
  • Special Features: None

Interior Features

  • Accessibility Features: Accessibility Features
  • Living Area: 3800.0
  • Stories: 2

Exterior Features

  • Lot Features: City Lot, Rectangular Lot
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel #: 00
  • Zoning Description: COM
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Multi Family

  • Leasable Area: 3800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2016
Sold by
Sparring Partners Llc A Louisiana Limite
Bought by
4510 Freret Street Llc A Louisiana Limit

Purchase Details

Closed on
Nov 17, 2011
Sold by
Lynette S Barreca Company Llc
Bought by
Sparring Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
3.99%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4510 Freret Street Llc A Louisiana Limit -- Property Title Inc
Sparring Partners Llc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sparring Partners Llc $870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2024 06/01/24 Rented $10,133 0.0% --
02/07/2024 02/07/24 For Rent $10,133 -- --
Source: ROAM MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,245 $92,770 $12,420 $80,350
2024 $12,430 $92,770 $12,420 $80,350
2023 $5,123 $74,670 $7,040 $67,630
2022 $5,123 $36,410 $4,970 $31,440
2021 $5,241 $36,410 $4,970 $31,440
2020 $5,293 $36,410 $4,970 $31,440
2019 $6,868 $45,460 $4,970 $40,490
2018 $7,004 $45,460 $4,970 $40,490
2017 $6,688 $45,460 $4,970 $40,490
2016 $6,962 $45,870 $4,140 $41,730
2015 $6,819 $45,870 $4,140 $41,730
2014 -- $45,870 $4,140 $41,730
2013 -- $45,870 $4,140 $41,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: ROAM MLS

MLS Number: 2433092

APN: 6-14-3-248-17