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    2726 Royal St New Orleans, LA 70117

    Sponsored
    For Lease
    $13 SF/Yr

    Historic District Office/Warehouse

    Lot size:
    3,622 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3,622 square foot mixed-use property is ideally situated in New Orleans' highly sought-after Marigny neighborhood, bordering the Bywater. The space boasts a versatile layout perfect for a variety of businesses. The office area features 8-foot ceilings, ceramic tile flooring, central air and heat, one bathroom, three private offices, and a potential break room. The warehouse component offers substantial functionality with 14-foot ceilings, new LED lighting, a utility sink, and ample attic storage above the office. A large roll-up door with remote access ensures convenient loading and unloading, further enhanced by covered rear access on Architect Place, providing protection from inclement weather. This property is zoned for Historic Mixed Use within Orleans Parish and is available for lease at a gross monthly rate of $4,000. Utilities are the responsibility of the tenant. The single-tenant space presents a unique opportunity to establish a thriving business in a vibrant and historic location. This is a rare find in this desirable submarket.

    Property Features for 2726 Royal St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,622 SF

    Unit(s) available at that property

    Space
    Size
    3,622 SF
    Rate per SF
    $13

    HighLights

    • 3,622 SF mixed‑use building in New Orleans' Marigny neighborhood, bordering Bywater.
    • Versatile layout suitable for various businesses.
    • Office area features 8' ceilings, ceramic tile, central HVAC, one bath, three private offices, and a potential break room.
    • Warehouse features 14' ceilings, new LED lighting, utility sink, ample attic storage, and a large roll‑up door with remote access.
    • Covered rear access on Architect Place.
    • Zoned Historic Mixed Use; $4,000/month gross lease; utilities paid by tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Orleans Parish
    State
    Louisiana
    Longitude
    -90.04985604
    Latitude
    29.96447278

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    FAQs

    What type of property is this?
    Distribution property - Historic District Office/Warehouse
    Where is this distribution property located?
    The property is located at 2726 Royal St New Orleans, LA.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 3,622 SF mixed-use building in New Orleans' Marigny neighborhood, bordering Bywater.; Versatile layout suitable for various businesses.; Office area features 8' ceilings, ceramic tile, central HVAC, one bath, three private offices, and a potential break room.
    Request Owner's contact information
    2726 Royal St New Orleans, LA 70117
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2726 Royal St New Orleans, LA 70117
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