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801 Patterson Dr 3,250 SF of Retail Space Available in New Orleans, LA 70114
Highlights
- Fully renovated in 2023 with modern finishes and historic architectural character.
- Situated in Algiers Point, a historic district experiencing significant reinvestment and growth.
- Located across from the scenic levee path, offering strong visibility and foot traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,250 SF | Negotiable | $28.00 /SF/YR $2.33 /SF/MO $91,000 /YR $7,583 /MO | Triple Net (NNN) |
1st Floor
This offering presents a rare opportunity to acquire a fully renovated, turn-key restaurant property in the historic Algiers Point neighborhood of New Orleans. Completed in 2023, the space combines modern functionality with classic architectural character, featuring exposed brick walls, high ceilings, and abundant natural light. The property includes a fully built-out bar, commercial-grade kitchen with grease trap and hood, and a spacious outdoor patio designed for guest seating and events. Positioned directly across from the popular levee path on Patterson Road, the site benefits from strong visibility and accessibility. A dedicated lot with fifteen parking spaces ensures convenience for patrons and staff. The HU-MU zoning designation allows for a wide range of permitted uses, including restaurants, microbreweries, and retail establishments, offering flexibility for future operations or redevelopment. Algiers Point is one of New Orleans’ most architecturally intact neighborhoods, blending historic charm with ongoing investment and growth. Its proximity to Federal City and the French Quarter, combined with a robust residential base, creates a strong foundation for sustained business success. This property is ideal for investors seeking a distinctive asset in a thriving commercial corridor with long-term upside potential.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,250 SF | Gross Leasable Area | 15,000 SF |
| Property Type | Retail | Year Built/Renovated | 1950/2024 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.67/1,000 SF |
| Total Space Available | 3,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 15,000 SF |
| Year Built/Renovated | 1950/2024 |
| Parking Ratio | 3.67/1,000 SF |
About the Property
The property at 801 Patterson Street is located in Algiers Point, a historic neighborhood on the West Bank of New Orleans. The site is positioned near the Mississippi River levee path and offers convenient access to Federal City and the French Quarter via local roadways and ferry service. The surrounding area includes a mix of residential housing, neighborhood retail, and hospitality establishments. HU-MU zoning permits a variety of commercial uses.
Nearby Major Retailers
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801 Patterson Dr
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