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$ 3,300,000
Est. payment /mo
Active
824 ROYAL ST New Orleans, LA 70116
8,283 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,283 sqft
Price per Sqft $398
MLS Listing ID 2536745
HOA Y/N No
Year Built 1813
Lot Dimensions 42X127
Property Sub-Type Commercial
Source ROAM MLS
Land Area 8283
Property Description
Premium Commercial/Multi-Family property centrally located on one of the best blocks of Royal Street in the New Orleans French Quarter where the culture has never been more alive! Walking distance to St. Louis Cathedral, Jackson Square & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily occupied.
With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place.
First time on the market in over 70 years! Don't miss your chance to own a piece of rare history in the New Orleans French Quarter.
With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place.
First time on the market in over 70 years! Don't miss your chance to own a piece of rare history in the New Orleans French Quarter.
Location
State LA
County Orleans
Interior
Cooling Central Air, Wall Unit(s)
Fireplace No
Exterior
Parking Features Covered
Garage Spaces 3.0
Utilities Available Natural Gas Available
Roof Type Slate
Total Parking Spaces 3
Garage No
Building
Lot Description Other
Water Public
New Construction No
Others
Tax ID 207101516
Virtual Tour https://www.propertypanorama.com/instaview/nom/2336962
Listed by FQR Realtors
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