$1,450,000
Active
21 Days Online
7 Beds11 Baths12,500 SQFT
Active

3037 Royal Street New Orleans, LA 70117

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3037 Royal Street presents a unique opportunity with 4 apartment units and over 10, 000 square feet of office space available for sale. Two apartments are leased, one is owner-occupied, and the last is currently on the market, and all have been recently renovated. The rear commercial space is partially owner-occupied but will be delivered vacant at act of sale. It currently features 14 private office spaces, a large boardroom, a full kitchen area, commercial laundry facilities, approximately 800 square feet of double-height warehouse space, and several larger open office areas. With tax credits available for renovation, this fully sprinklered and elevator accessed property is ideal for an office user seeking space with additional income from the apartments, or an investor looking for stable returns in a prime location from a long term lease or from coworking space. The RDO-1 overlay permits a variety of commercial uses, including office, retail, restaurant, gallery, and medical. Located close to Bywater favorites like Petite Clouet, Bywater Brew Pub, BABS, Satsuma, Pizza Delicious, and many more.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyOrleans
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site20 Days
  • MLS StatusActive
  • MLS ID Number2446879
  • Home Size Source N/A
  • Year Built1920
  • Lot Size0 Acres
  • Full Baths4
  • Partial Baths7

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General Features

  • Style Other
  • Construction Block
  • Parking DrivewayOff Street
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0
  • Water Public
  • Cross Street Royal, Clouet, Montegut, Dauphine
  • Property Sub Type Apartment
  • Foundation Raised

Interior Features

  • Cooling Central Air
  • Heating Central

Exterior Features

  • Roof Shingle
  • Lot City LotRectangular Lot

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Monthly Payment (Est.)

$7,671
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