Melba’s / Wash World
1525 Elysian Fields Avenue, New Orleans, Orleans 70117
EAT AT MELBA’S! Located at the prime, highly trafficked, signalized corner of N. Claiborne and Elysian Fields, 1525 Elysian Fields offers a rare, stable NNN investment opportunity. The property has been owner/occupied by Melba’s Po-Boys for over 15 years. Melba’s was recently ranked by Inc Magazine as one of the fastest growing businesses in Louisiana. Ownership is offering a 10 year lease back at $20,000/month absolute NNN.
The property features a high traffic washateria, a full service restaurant, daiquiri bar, 6 video poker machines (with the potential to increase to 9) and a community center, along with off street parking for 60+ cars. The property includes multiple parcels – a rare, large assemblage for New Orleans.
For additional details, see linked brochure.
Address: 1525 Elysian Fields Avenue
City: New Orleans
Zip Code: 70117
Neighborhood: 7th Ward