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504-525-9763 Ext. 26

ABOUT 1051 Annunciation St , New Orleans, LA 70130

  • Listing ID: 15291590
  • Date Created: 2/27/2019
  • Last Updated:

1 Unit Available

Unit Restaurant

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 building was originally constructed in 1882. The restaurant space was fully renovated in 2015, including all wood and ironwork, kitchen, bar, and restrooms.

Highlights

  • Beautifully renovated with a turn-key, fully equipped, successful restaurant.
  • The space is handcrafted with 140-year-old pine that was used out of neighboring broom factory and hand crushed oysters shells that make up the bar.
  • All furniture, fixtures and equipment are included in the sale.
  • The restaurant is located in an old Cotton Mill in the Warehouse District.
  • The venue offers a great event space with seating for 180.
  • The location is a block away from the Pontchartrain Expy. allowing for great accessibility.

Attachments

1051 ANNUNCIATION FLYER 9-9-19

Sale Notes

Seller is motivated to sell.....bring all offers to the table! Auction Sale Starts: 10/18/2019 at 9am and Auction Sale Ends: 10/25/2019 at 5 pm CT. The auction can be reached by calling Chris Talbot at 504.319.1452 for any bids/offers.

TRADE AREAS

Talent Base and Commute Times

1 mile 1 mi 3 mile 3 mi 5 mile 5 mi
1 Mile
3 Mile
5 Mile
Total Population
22,603
197,087
384,388
2010 Population
13,770
164,052
334,011
2024 Population
24,303
204,393
396,292
Employees
69,166
164,069
254,133
Total Businesses
4,558
15,201
23,861
Average Household Income
$77,644
$64,748
$65,079
Median Household Income
$48,547
$38,476
$40,381
Total Consumer Spending
$279.91M
$1.7B
$3.3B
Median Age
41.6
37.7
37.6
Households
13,251
86,871
161,196
Percent College Degree or Above
23%
18%
17%
Average Housing Unit Value
$558,047
$369,042
$311,343

Major Tenant Information

Tenant SF Occupied Lease End Date
Sac-A-Lait -

Amenities

  • Pool

Traffic

Collection Street Cross Street Traffic Vol Year Distance
Pontchartrain Expy St Thomas St, NW 121,081 2018 0.12 mi
Tchoupitoulas St Saint Joseph St, N 9,067 2018 0.17 mi
Saint Joseph St Constance St, W 8,259 2018 0.18 mi
Saint Joseph St S Peters St, E 6,886 2018 0.20 mi
Camp St Pontchartrain Expy, S 8,847 2018 0.22 mi

Transit/Subway

Drive Walk Distance
St Charles at Lee Circle Transit Stop
(St. Charles Streetcar)
2 min 8 min 0.4 mi
Howard and Carondelet Transit Stop
(St. Charles Streetcar)
3 min 10 min 0.5 mi
St Charles and Erato Transit Stop
(St. Charles Streetcar)
3 min 10 min 0.5 mi
Julia Street Station
(Riverfront Streetcar)
4 min 13 min 0.6 mi
Convention Center-Thalia Street Station
(Riverfront Streetcar)
4 min 15 min 0.7 mi

Airport

Drive Distance
Louis Armstrong New Orleans International Airport
26 min 15.7 mi
Walk Score ®
93
Walker's Paradise
Transit Score ®
65
Good Transit
Bike Score ®
74
Very Bikeable
What is a Walk Score®, Transit Score® & BikeScore®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

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