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2940 Elysian Flds 1,565 SF Retail Building New Orleans, LA 70122 $550,000 ($351.44/SF)

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EXECUTIVE SUMMARY

This former Waffle House property offers a rare opportunity to occupy or redevelop a highly visible site along a major commercial corridor in Gentilly. Strategically positioned on Elysian Fields Avenue between I-610 and I-10, the site benefits from exceptional vehicular traffic and accessibility.
The building is currently vacant and delivered in grey-shell condition, offering a flexible layout for a wide range of retail or restaurant uses. Existing infrastructure includes a walk-in freezer and cooler, and the site is improved with 28 off-street parking spaces.
Surrounded by a strong mix of national retailers, fast food concepts, and service-oriented businesses, the property is ideally situated to capitalize on the area’s growing consumer demand. This stretch of Elysian Fields is one of Gentilly’s most active commercial corridors, providing excellent visibility and consistent traffic counts.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Conditions
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,565 SF
Building Class
B
Year Built
2013
Price
$550,000
Price Per SF
$351.44
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.43 AC
Zoning
HU-B1 - HU-B1
Frontage
94’ on Elysian Fields Ave

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,565 SF
  • Restaurant
  • -
  • Now

This former Waffle House, located on a high-traffic stretch of Elysian Fields Avenue between I-610 and I-10, is available for lease. The property is vacant and in grey-shell condition, featuring walk-in freezer and cooler, and 28 off-street parking spaces.

Space Size Space Use Position Available
1st Floor 1,565 SF Restaurant - Now

1st Floor

Size
1,565 SF
Space Use
Restaurant
Position
-
Available
Now

1st Floor

Size 1,565 SF
Space Use Restaurant
Position -
Available Now

This former Waffle House, located on a high-traffic stretch of Elysian Fields Avenue between I-610 and I-10, is available for lease. The property is vacant and in grey-shell condition, featuring walk-in freezer and cooler, and 28 off-street parking spaces.

NEARBY MAJOR RETAILERS

CrossFit
Hancock Whitney Bank
Wow Cafe
Regions Bank
First Horizon Bank
Capital One
Anytime Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3-7W-3-155-05
Land Assessment
$16,520
Improvements Assessment
$41,450
Total Assessment
$57,970
  • Listing ID: 36735287

  • Date on Market: 7/15/2025

  • Last Updated:

  • Address: 2940 Elysian Flds, New Orleans, LA 70122

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