Irish Channel restaurant for sale on Magazine Street, 8,870 SF second-generation asset

The opportunity

Positioned on Magazine Street in the Irish Channel, New Orleans, this restaurant for sale offers a substantial 8,870 SF footprint in a proven dining corridor. The property is a second-generation restaurant in good condition, with key infrastructure already in place and a layout that supports full-service food and beverage operations.

Renovated in 2024, the building includes some FF&E in the sale price and presents flexibility for an owner-operator, hospitality group, or investor seeking a large-format restaurant property in one of the city's most recognizable commercial districts.

• Asking price: $3,100,000
• Building size: 8,870 SF
• Lot size: 0.14 SF lot
• Property type: full restaurant for sale
• Condition: second-generation, good condition
• Renovated: 2024

Space & layout

This is a two-story restaurant with multiple customer-facing and operational zones already built out. The layout includes two equipped bars, one on each floor, along with balcony seating that adds another distinctive hospitality element.

The second floor is accessible by both an interior stairwell and a separate exterior door, creating optional separation for different uses. That setup may suit a variety of configurations, including private dining, office space, or another complementary use, subject to buyer plans and approvals.

• Two-story restaurant layout
• Two equipped bars, one on each floor
• Balcony seating
• Interior stair access to second floor
• Separate exterior entrance to second floor
• Second floor can be separated for another use
• Multiple restrooms

Kitchen & infrastructure

The back-of-house package supports a full restaurant operation with core systems already installed. The kitchen is partially equipped and includes the essential components expected in a second-generation food service property.

Notable infrastructure includes two functional ventilation hood systems, with a Type I hood noted in the offering, along with cold storage, dishwashing, and utility systems that can reduce upfront build-out requirements.

• Large partially equipped kitchen
• Type I hood
• Two functional ventilation hood systems
• Grease trap
• Walk-in cooler
• Walk-in freezer
• Three-compartment sink
• HVAC

Location

Located at 3226 Magazine St, New Orleans, LA 70115, this property sits in the Irish Channel along one of the city's best-known neighborhood commercial corridors. For buyers searching for a New Orleans restaurant for sale on Magazine Street, the address combines strong local identity with a built-in hospitality setting.

The surrounding stretch of Magazine Street is known for its mix of restaurants, retail, and neighborhood traffic, making it a compelling setting for a full-service restaurant, bar-forward concept, or multi-level hospitality venue.

• Address: 3226 Magazine St, New Orleans, LA 70115
• Neighborhood: Irish Channel
• Prominent Magazine Street location
• Established mixed-use and dining corridor