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Two-Story Office Building Studios
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3000 Royal St, New Orleans, LA 70117

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

Property Size16,784 SF
Days on Market161

Property Features for 3000 Royal St

General Information

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

Amenities

freight elevator

Building Details

Stories 2
Listing Agency: Elifin Realty
Listed By: Brady Becker · License #955716500
Source: Moodyscre
Added: Feb 20 Changed: Jul 26 Last Checked: Jul 30 at 12:40PM

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

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

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

Market

Lease Benchmarks for New Orleans, LA

$21.81 /SF/Yr
Avg Asking Price
$0.6–$117 /SF/Yr
Price Range
3,995 SF
Avg Space Size

This space is priced 8% below the average of $21.81 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-story building with multiple leased studio office spaces, serviced by a freight elevator.
Where is this office units 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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