740 DAUPHINE STREET
New Orleans, LA 70116
3154 sqft | #2492723
Description
Excellent investment opportunity to own one of the most well-known bars in the New Orleans French Quarter, Good Friends Bar! Sale to include property, business, all trademarks, equipment, inventory, and supplies. Seller will accept sealed bids starting April 21st, 2025, with a deadline of April 25th, 2025. All bids due April 25th, 2025. See Offering Memorandum packet in the MLS attachments. All other information available upon request: Virtual Tour, General & Termite Inspection Reports, and 2023/2024 Financial Statements.
Nestled in the heart of the vibrant French Quarter at the prime corner of Saint Ann & Dauphine Street, Good Friends Bar stands as a beloved institution since the late 1980s. Centrally located in the Quarter, this property offers excellent street visibility to the bustling foot traffic of this high-demand area. This iconic 2-story establishment has become a cornerstone of the community & remains a major hub during Mardi Gras, Southern Decadence, & many other celebrated events in the city. The current owner is credited with the original build and design of the bar as well as maintaining the business since 1987, transforming it into one of the city’s most popular spots for both locals & tourists alike. With its multi-level design, the venue offers a diverse atmosphere with major curb appeal. Adorned with striking features & finishes including a stunning 292 sq. ft. solid mahogany bar with elegant arches & brass rails, gorgeous original fireplaces/mantels, an extensive wrap-around gallery overlooking St. Ann & Dauphine with addtl. outdoor seating & so much more. Walls are adorned with incredible artwork, a main piece being a one-of-a-kind George Dureau painting that was custom made for the bar, adding to the overall allure of the space. As a local favorite, Good Friends offers an exciting atmosphere for all walks of life.
The 2nd floor level, deemed the Queens Head Pub, invites you into an intimate Victorian setting, complete with solid oak flooring and another gorgeous mahogany bar. The space is complemented by gold candelabras, a stunning chandelier, and intricately designed cut glass panels + a collection of Earl Hebert paintings & Andy Warhol prints, along with historic New Orleans photographs throughout. The wrap-around gallery provides tons of outdoor seating with breathtaking views of the Quarter, making the 2nd floor space the perfect venue for private parties etc., complete with its own dedicated entrance. Good Friends Bar is not just a bar; it’s a community staple, where memories and friendships are forged. No visit to New Orleans is complete without spending an afternoon at this neighborhood bar of the year. Don't miss your chance to take advantage of this rare opportunity to own a long-standing piece of New Orleans history with excellent investment opportunities.
Property Details
- Lot DescriptionCornerLot, CityLot
- Property SubtypeCommercialSale
- Sewer InformationPublicSewer
- Original List Price$6,877,000
- Property TypePurchase
- CountyOrleans
- MLS #2492723
- Cost6877000
- MLS #2492723
- Utility SourcePublic
- Structure TypeOther
- Square Feet3154
- Year Built1920
Location
Legal
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Last Updated: . Source: GSREIN
Listing Courtesy
Listing Agent: Michael Wilkinson (#WILKINSM)
Listing Office: FQR Realtors (#FREN01)
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