3037 Royal St New Orleans, LA
Call to check price and availability
Four apartments and 10,000+ sq ft of office space.
Type:OFFICE
Property size:
12,500 SFLot size:
0.19 AcresPrice / SF:
$99/SF- Added:
- Apr 9, 2024
- Days on Market:
- 752
- Last Refresh:
- Apr 5 at 10:20 pm
Property Features for 3037 Royal St
General Information
- Standard status
- Active
- Size
- 12,500 SF
- Lot size
- 0.19 Acres
- Property subtype
- OFFICE
Listing agent Aaron Kazanoff License #995700882 (512) 799-3069
Listing office ben + burka (512) 799-3069
Listing date Apr 9, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of ben + burka
Overview
Royal Street Mixed-Use Investment
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0463
- Latitude
- 29.9638
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Four apartments and 10,000+ sq ft of office space.
Where is this mixed-use property located?
The property is located at 3037 Royal St New Orleans, LA.
What is the asking price?
The asking price for this property is $1,245,000.
What are key features of this property?
This property features: Over 10,000 sq ft of office space plus 4 renovated, fully leased apartment units provide immediate income.; Commercial space delivered vacant, offering immediate occupancy or leasing opportunity.; Tax credits are available for renovation, reducing overall investment costs.
