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Two-Story Office Building Studios

3000 Royal St, New Orleans, LA 70117

For Lease
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Two-story building with multiple leased studio office spaces, serviced by a freight elevator.

Space Size16,784 SF
Days on Market264

Property Features for 3000 Royal St

General Information

Standard status Active
Size 16,784 SF
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood St. Claude

Amenities

freight elevator

Building Details

Stories 2

Spaces For Lease

at 3000 Royal St
3000 Royal St $20/SF/Yr
Floor Bldg
Size 16,784 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Now available for sale or lease, 3000 Royal St offers a ±16,784 SF, two-story leased property in the heart of New Orleans’s Bywater area. - The second level consists of 11 leased studio spaces of varying sizes occupied by local artists, with an additional studio located on the first floor. Studio tenants are on a month-to-month lease. - A freight elevator services the building, and the rooftop provides exceptional views of the river and bridge. - This is a premier opportunity offering a rare blend of historic character, modern improvements, and multiple income streams in the Bywater. The owner is open to leasing the whole property.
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Listing Agency: Elifin Realty
Listed By: Brady Becker · License LA #9006927
Source: Moodyscre
Added: Feb 20 Changed: Oct 26 Last Checked: Nov 8 at 8:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elifin Realty

Rey
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Investment Insights

Based on property information with market context.

3000 Royal St is a two-story leased office building offering 16,784 square feet of space. The second level includes 11 leased studio office spaces of varying sizes, with an additional studio located on the first floor. Studio tenants operate on month-to-month leases.

The building is served by a freight elevator. The rooftop provides views of the river and bridge.

The owner is open to leasing the entire property, providing a flexible option for an operator seeking multiple studio spaces under one roof.

Key Highlights

  • Two‑story 3000 Royal St building with 16,784 SF in New Orleans’ Bywater area
  • Second level includes 11 leased studio spaces of varying sizes, plus an additional studio on the first floor
  • Studio tenants are on month‑to‑month leases

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

KaratsNClay Industrial Manufacturer Bywater Brew Pub Bar & Pub Chance in Hell Grocery & Convenience Store The London Clayworks - Open ... Theater & Performing Art Venue Baskerville Letterpress & Book ... High School

Suggested Use

Top Pick Dental Office Law Firm Kitchen & Bath Showroom Skin Care Clinic Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,618
Businesses Nearby

Demographics for 70117, LA

28,528
Population
15,821
Households
1.8
Avg Household Size
38
Median Age
35%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
5,187
Density / Sq Mi
$41,645
Median Household Income
$31,744
Median Earnings
$1,191
Median Rent
$247,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Orleans, LA

$21.75 /SF/Yr
Avg Asking Price
$1.78–$72 /SF/Yr
Price Range
18,718 SF
Avg Space Size

This space is priced 8% below the average of $21.75 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in New Orleans, LA

$42.69 Jul
$21.67 Aug
$22.94 Sep
$22.39 Oct

Properties on Market for Office Units in New Orleans

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in New Orleans, LA

8.9% 2019
9.7% 2020
11.3% 2021
10.2% 2022
10.9% 2023
11.6% 2024
9.6% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Two-story building with multiple leased studio office spaces, serviced by a freight elevator.
Where is this office unit located?
The property is located at 3000 Royal St New Orleans, LA.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Two‑story 3000 Royal St building with 16,784 SF in New Orleans’ Bywater area; Second level includes 11 leased studio spaces of varying sizes, plus an additional studio on the first floor; Studio tenants are on month‑to‑month leases
(985) 703-1140 Call to check price and availability
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