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Turn-Key Restaurant Opportunity

534 St Louis St New Orleans, LA 70130

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Overview

Prime Turn-Key Restaurant Opportunity in the heart of the French Quarter, which includes all Furniture, Fixtures & Equipment. This also includes possible grace periods for business licenses such as restaurant occupancy and liquor. Currently built-out to operate as a nice restaurant with a bar, this is an excellent opportunity for a new or established restaurant concept to move in and expedite its launch. The prior operator made a significant investment of over $2 million upgrading the facility; this includes the kitchen equipment, HVAC, plumbing, electrical, flooring, and finishes, etc. Thus, the improved $250,000 key money/consideration (previously $1,000,000). This building has three levels of restaurant space with a sizable outdoor balcony and an attic, which is built out for complementary office and storage spaces. There is an iconic glass elevator car in the center of the restaurant, which was a feature of the prior long-running NOLA restaurant by Emeril Lagasse before recently transitioning to Boulevard American Bistro. The first floor features a sizable bar area with dining, a large open kitchen, and restrooms. The second level features the main dining area opening to the first floor along with a sizable outdoor balcony, a kitchen, a bar, and restrooms. The third level features two rooms that can accommodate private parties of up to 35 & 40 guests or may be combined for a capacity of 75 for a seated event along with a large wine cellar, a kitchen, and restrooms.

Lease Spaces

NameRateSFSublease
Turn-Key Restaurant Opportunity$30,000 /Month11,520 SFYes

For Lease

Retail

Secondary Uses: Restaurant

Lease Rate
$30,000 Month
Available SF
11,520 SF
Building Size
11,520 SF
Acres
0.086 ac
Zoning
VCC-2
Former Tenant
Emeril Lagasse | NOLA Restaurant
Structure
Net
Signage
On Building
Showing Instructions
Contact Broker
Number of Buildings
1
Floors
3
Year Renovated
2023
Construction Siding
Concrete
Construction Type
Framed
Submarket
French Quarter
Property Status
Existing
Power Provider
Private - Entergy
Water Provider
City - City of New Orleans
Sewer Provider
City - City of New Orleans
Natural Gas Provider
Private - Entergy
County
Orleans Parish
Created
2024-08-13
Updated
2025-05-21
Listing ID
cb7a3d6b
Parcel APN
206101614