4430 Magazine St, New Orleans, LA 70115

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Building Details:

4430 Magazine St is located in New Orleans, LA.

CONFIDENTIAL LISTING/OPERATING BUSINESS - DO NOT APPROACH MANAGEMENT OR EMPLOYEES ABOUT THIS LISTING.

This fully functional Magazine Street restaurant originally opened in 2010 as Courtyard Grill. Serving a Turkish/Mediterranean menu under that name, and under its current name, Vida's Bistro, the restaurant is a turnkey operation with a Class A/Restaurant Retail Alcoholic Beverage Permit. FF&E which will convey with the sale includes:

-a partitioned kitchen with vent hoods in both areas
-gyros machine
-coolers
-several ovens
-ice maker
-68 chairs
-30 total tables
-10 bar stools
-fully functional bar operation

The building areas are broken down as follows:

-918sf kitchen area
-500sf inside dining area
-400sf bar area
-300sf storage area
-2,118 total inside square footage

-800sf: front deck seating area
-250sf rear deck seating area
-1,050 total exterior square footage

-3,168 total usable square footage

The purchaser of the business will be able to negotiate a new lease directly with the property owner. Asking rental rate is $66,000 NNN annually.

2014 property taxes are $4,079.27.