42
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$1,245,000
Est. payment /mo
12,500 SqFt
Active
3037 ROYAL ST New Orleans, LA 70117
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UPDATED:
11/21/2024 04:49 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,500 sqft
Price per Sqft $99
MLS Listing ID 2442671
HOA Y/N No
Year Built 1950
Property Description
Reduced! Motivated Seller!
3037 Royal Street presents a unique opportunity with 4 apartment units and over 10,000 square feet of office space available for sale. All apartments are currently leased, and all have been recently renovated. The rear commercial space is partially owner-occupied but will be delivered vacant at act of sale. It currently features 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.
With tax credits available for renovation, this fully sprinklered property is ideal for an office user seeking space with additional income from the apartments, or an investor looking for stable returns in a prime location from a long term lease or from coworking space. The RDO-1 overlay permits a variety of commercial uses, including office, retail, restaurant, gallery, and medical. Located close to Bywater favorites like Petite Clouet, Bywater Brew Pub, BABS, Satsuma, Pizza Delicious, and many more.
3037 Royal Street presents a unique opportunity with 4 apartment units and over 10,000 square feet of office space available for sale. All apartments are currently leased, and all have been recently renovated. The rear commercial space is partially owner-occupied but will be delivered vacant at act of sale. It currently features 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.
With tax credits available for renovation, this fully sprinklered property is ideal for an office user seeking space with additional income from the apartments, or an investor looking for stable returns in a prime location from a long term lease or from coworking space. The RDO-1 overlay permits a variety of commercial uses, including office, retail, restaurant, gallery, and medical. Located close to Bywater favorites like Petite Clouet, Bywater Brew Pub, BABS, Satsuma, Pizza Delicious, and many more.
Location
State LA
County Orleans
Zoning RDO-1
Interior
Fireplace No
Exterior
Parking Features Driveway, Off Street
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description City Lot, Rectangular Lot
Dwelling Type Mixed Use,Office,Retail
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Security Features Fire Sprinkler System
Special Listing Condition None
Listed by Ben & Burka
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