1051 ANNUNCIATION STREET NEW ORLEANS, LA 70130

TALBOT REALTY GROUP 747 MAGAZINE STREET, SUITE 7, NEW ORLEANS, LA 70130 (504) 525-9763 WWW.TALBOT-REALTY.COM

FOR SALE

TURN-KEY AND READY FOR BUSINESS

FURNISHED RESTAURANT/ EVENT SPACE

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to inde-pendently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transac-tion to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisor, You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. NOVEMBER 2018

1051 ANNUNCIATION STREET NEW ORLEANS, LA

PRICE: $1,995,000

SIZE: 4,769 Square Feet

COMMENTS: Beautifully renovated turn-key fully equipped successful

restaurant and event space with seating for 180. This commercial

condo is set in an old Cotton Mill in the Warehouse District. This

building was originally constructed in 1882. The restaurant space was

fully renovated in 2015, including all wood and ironwork, kitchen, bar,

and restrooms. 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.

ADDITIONAL INFO: List of kitchen equipment, furnishings, wine and liquor, and condo

documents are all available upon request.

FOR MORE INFORMATION CONTACT:

CHRIS TALBOT TALBOT REALTY GROUP

747 MAGAZINE STREET, SUITE 7

NEW ORLEANS, LA 70130

OFFICE: (504) 525-9763

MOBILE: 504-319-1452

NOLA.TALBOT@GMAIL.COM

1051 ANNUNCIATION STREET NEW ORLEANS, LA

1051 ANNUNCIATION STREET NEW ORLEANS, LA

TALBOT REALTY GROUP 747 MAGAZINE STREET, SUITE 7, NEW ORLEANS, LA 70130 (504) 525-9763 WWW.TALBOT-REALTY.COM

1051 ANNUNCIATION STREET NEW ORLEANS, LA

TALBOT REALTY GROUP 747 MAGAZINE STREET, SUITE 7, NEW ORLEANS, LA 70130 (504) 525-9763 WWW.TALBOT-REALTY.COM

1051 ANNUNCIATION STREET NEW ORLEANS, LA

TALBOT REALTY GROUP 747 MAGAZINE STREET, SUITE 7, NEW ORLEANS, LA 70130 (504) 525-9763 WWW.TALBOT-REALTY.COM

FACT SHEET Utilities:

Water: $600 Entergy: $1,900 Condo Dues: $2,109

(covers trash, pest control, insurance on interior walls and pipes and exterior building) Taxes & Insurance:

Commercial Property Insurance for the year - $10,834.50 Property Taxes - $21,706

Community amenities:

1 parking spot rents for $100/month Access to the fitness center, pool, courtyard and common areas by key fob Access to the "party room" in the center of the courtyard that we can use for private

dinners, events & parties at no additional charge. Renovations:

• Electricity upgrades in dining room and kitchen. • New conduit • New light fixtures and all LED bulbs.

• New A/C units and A/C repairs (12.5 ton condensing unit, replaced copper tubing, replacements on electric phases)

• Updates to walk in cooler/compressor and large ice machine • Surround sound system that is bluetooth compatible, phone based app that

allows control over the entire system, new sound system has speakers on

interior kitchen and dining room as well as outside patio speakers. Wireless microphone that can be used from any point in the restaurant for special events/parties/conferences

• Hoodvent and fire suppression system updates and fire extinguishers Custom woodwork and furnishings:

• Wine shelving

• Bar shelving • Bar cypress lighting with all LED lights • Custom re-claimed Antique pine wood dining tables

• Custom banquette with half booth seating, • Custom bar high top tables, • Wine shelving in faux doorway with antique French farm doors

• Servers station with built in POS hideaways • Custom server water and ice station with cabinetry

• Custom crushed oyster shell and concrete bar counter tops and oyster bar counter tops

• Custom wood framing and shelving in kitchen expo windows.

• Custom made chairs from Angola Prison

• Metal double bar benches • High top table stools

• Wine racks and custom wood frame out

Plumbing updates and renovations:

• 4 customer restrooms and 1 employee restroom located in kitchen.

• New floor drains and piping throughout the dish room and kitchen.

• New floor drains behind bar and oyster bar • new hand sinks and dish sinks.

• Kitchen: -New tile walls and ceilings -new tile dish room and floor drains

-custom fish cleaning table

Please contact Chris Talbot for showings, questions and additional information.

Office: (504) 525-9763 Cell: (504) 319-1452 Email: nola.talbot@gmail.com