Retail Space / Louisiana / New Orleans / 70130 / 416 Chartres Street

416 Chartres Street

New Orleans, LA 70130

Listing ID: 234950

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$6,500,000

For Sale

Property Type Retail for Sale : Other Retail
Lot Size Acres 0.124
Building Sq Ft 12,060
Building Price per Sq Ft $538.97
Land Sq Ft 5,386
Land Price per Sq Ft $1,203.48

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Description

Home for over 40 years to the world-renowned K-Paul's Louisiana Kitchen, this property offering represents a unique opportunity for an investor or restaurant operator to secure an iconic restaurant location in the heart of the New Orleans French Quarter.
The three-story building includes two floors of dining for approximately 220 guests, two full kitchens, a prep kitchen and bakery. The second floor of 4,552 SF plus a beautiful covered outdoor gallery, as well as the 2,260 SF third floor could be separated from the first floor for alternative use - multi-family or office, with separate elevator access.
All FF&E except for certain personal items is included. Note: the existing business and business name are not included in this offering.

Attachments & Files

anonymousreport2021-05-18091019192-SE3-pTw.pdf

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Listing Demographics for 416 Chartres Street New Orleans, LA 70130

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		16,407	178,424	381,074
Population Median Age		47	40	39
Population by Age	0-9 Yrs	1025 (6%)	16962 (9%)	42364 (11%)
	10-19 Yrs	579 (3%)	15443 (8%)	38536 (10%)
	20-29 Yrs	1918 (11%)	28775 (16%)	58272 (15%)
	30-39 Yrs	3119 (19%)	33628 (18%)	64552 (16%)
	40-49 Yrs	2100 (12%)	21662 (12%)	46176 (12%)
	50-59 Yrs	2663 (16%)	23791 (13%)	49860 (13%)
	60-69 Yrs	2574 (15%)	22217 (12%)	45179 (11%)
	70+ Yrs	2430 (14%)	15946 (8%)	36136 (9%)

Median HH Income		$56,775	$39,279	$44,368
Total Household Income	< 24K	2209 (23%)	27497 (35%)	49249 (31%)
	25-49K	2060 (21%)	17588 (22%)	34604 (22%)
	50-74K	1256 (13%)	10814 (14%)	22577 (14%)
	75-99K	1062 (11%)	6532 (8%)	14946 (9%)
	100-199K	1805 (19%)	10073 (13%)	22952 (14%)
	200K+	999 (10%)	4265 (5%)	10212 (6%)

Highest Education Level	No Diploma	928	21225	38640
	Diploma or GED	2305	31052	63570
	Some College	2551	26884	56371
	Assoc. Degree	634	5931	13083
	Bachelors Degree	4663	29602	59527
	Higher Degree	3186	20791	44307

Total Housing Units		15,778	103,070	193,043
--Owner-Occupied		4,132	30,744	74,429
--Renter-Occupied		5,259	46,025	80,111
Owner-Occupied Values	< 100K	140	3517	8184
	100-199K	451	7693	22470
	200-299K	722	6234	15251
	300-399K	782	4818	9525
	400-499K	685	3290	6029
	500K+	1352	5192	12971

Total Working Age Population		15,104	152,423	316,285
In Work Force		10,071	94,360	197,919
Not In Work Force		5,033	58,062	118,366
Workforce Employed		9,390	85,879	182,415
Workforce Unemployed		634	8,030	14,739
Civlian Workforce		10,024	93,909	197,154
Military Workforce		47	451	764

Total Households		9,391	76,769	154,540
Family Households		2,828	30,447	72,457
Non-Family Households		6,563	46,322	82,083
Married Couple		2,197	16,899	43,835
Other Family		631	13,548	28,622
Married w/Child		367	4,689	14,764
Single Male w/Child		40	960	2,509
Single Female w/Child		263	5,114	11,085

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Louisiana	4,468,976	+1	4,533,372	+1	4,588,310	+5	4,813,420
Jefferson Parish	455,466	-5	432,552	+4	450,200	+1	454,670
Lafourche Parish	89,974	+7	96,318	0	95,990	0	95,990
Orleans Parish	484,674	-29	343,829	-26	255,440	0	256,010
Plaquemines Parish	26,757	-14	23,042	+12	25,770	+13	29,130
St. Bernard Parish	67,229	-47	35,897	-38	22,210	+1	22,480

Total Working Age Population:

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While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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