For Sale
$2,995,000

933 Decatur StNew Orleans, LA 70116

Historic building, prime location, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional three-story building, located at 933 Decatur Street in New Orleans' vibrant French Quarter, is offered for sale at $2,995,000. The 4,500 square foot property enjoys a highly desirable location directly facing the French Market, surrounded by restaurants, shops, and bustling farmer's and flea markets. Boasting an average daily vehicle traffic count of approximately 19,579, this property offers unparalleled visibility and accessibility. Currently operating as Frank's Restaurant, a family-run establishment with over 60 years of history, the first two floors feature fully equipped dining facilities, including two kitchens, two freezers, two seating and bar areas, and a commercial hood. The second floor includes a dining balcony with high ceilings, adding to the unique ambiance. A valid liquor license is in place, making this a truly turnkey restaurant opportunity. The third floor provides a large loft/storage area with significant redevelopment potential, allowing for expansion or adaptation to suit various needs. The business operations of Frank's Restaurant are also available for purchase separately for an additional $895,000. The property is also available for lease on a NNN basis. This presents a rare opportunity to acquire a piece of New Orleans history with significant upside potential in a prime commercial location. The property is situated in Orleans Parish, Louisiana, zip code 70116.

Highlights

  • Prime French Quarter restaurant location directly across from the French Market.
  • High-traffic location with approximately 9,579 vehicles passing daily, plus significant pedestrian traffic.
  • Two-story restaurant with additional loft/storage space.
  • Real estate offered at list price; business also available for $895,000.

Property Details for 933 Decatur St

Property type
Retail properties, Restaurants
Square Feet
4,500 SF

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.958905609588
Longitude
-90.060880322696
933 Decatur St, New Orleans, Louisiana

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933 Decatur St
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