3037 Royal St New Orleans, LA 70130

Located on Royal Street, this mixed-use property features four apartment units and over 10,000 square feet of office space. The apartments are currently leased and have been recently renovated. The rear commercial space, partially owner-occupied, will be delivered vacant at the act of sale. This space includes 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. The property is fully sprinklered and may qualify for tax credits for renovation. It is suitable for an office user seeking space with additional income from the apartments, or an investor looking for stable returns from a long-term lease or coworking space. The RDO-1 overlay permits a variety of commercial uses, including office, retail, restaurant, gallery, and medical. The property is located close to Bywater favorites like Petite Clouet, Bywater Brew Pub, BABS, Satsuma, and Pizza Delicious.