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3037 ROYAL Street
New Orleans, LA 70117
FOR
SALE
$1,350,000
For Sale
12,500
Sq.Ft.
MLS# 2442671
Cumulative Days on Market: 94 (since April 9th, 2024) Data provided by the MLS.

Property Details

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.

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Property Highlights

Price
$1,350,000
Property Type
Commercial Sale
Living Area
12,500
Price / Sq Ft
$108
Acres
0.00
Year Built
1950
Development Name
Bywater

Location

County
Orleans
Development Name
Bywater
Zoning
RDO-1
Zoning Description
RDO-1

Property Details

Price
$1,350,000
Property Type
Commercial Sale

Building

Levels
Two
Structure Type
Mixed Use, Office, Retail
Total Area
12,500

Interior Features

Area and Spaces

Living Area
12,500

Interior Features

Accessibility Features
Accessibility Features
Security Features
Fire Sprinkler System

Building Details

Construction

Year Built
1950

Terms

Terms

Special Conditions
None

Heating, Cooling & Utilities

Utilities

Sewer
Public Sewer
Water Source
Public

Lot

Lot Dimensions
46x159
Lot Features
City Lot, Rectangular Lot

Parking

Parking Features
Driveway, Off Street
Listed by Ben & Burka.
Listing Data last updated 07/11/2024 05:03 PM
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Property History

22 days ago
Property information last updated
23 days ago
Date of last price change
94 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 94. Data provided by the MLS.

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The content relating to real estate in this web site comes in part from the Internet Data eXchange (IDX) program of New Orleans Metropolitan Association of REALTORS®. This information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Display of MLS data is usually deemed reliable but is not guaranteed accurate by the MLS. Supplied Open House Information is subject to change without notice. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Broker/Agent may have been included in the MLS data. The Broker/Agent operating this web site believes the data here to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All information is subject to change and should be independently verified.
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Listing Data last updated: 07/11/2024 05:03 PM
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