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824 Royal Street

New Orleans, LA 70116
  • $3,575,000
  • STATUS: Active
  • ON SITE: 434 Days
  • MLS #: 2336962
UPDATED: 63 min ago
$3,575,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,283
    SQFT
  • $432
    $/SQFT
Type:
Commercial
Built:
2011
County:

School Ratings & Info

Description

Premium Commercial/Residential property centrally located on one of the best blocks of Royal Street in the French Quarter! New Orleans culture has never been more alive at any other property! Walking distance to St. Louis Cathedral, Jackson Sq. & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income= $198,900.00/yr. across all units.With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property includes 1st floor commercial space + 8 residential units total. Front house includes 3 stories: commercial on 1st floor, gorgeous large 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on 3rd. Back house includes two 1BR/1BATH units and four studio/1BATH units. Carriage way entry into lush courtyard area can be easily converted into parking for 3+ cars. First time on the market in 70 years! Dont miss your chance to own a piece of history in the French Quarter.

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Broker and Associates are licensed in the State of Louisiana, USA.
Nola Northshore Real Estate || 985-807-1117 || Mandeville, LA.

Terms & Conditions
© 2023 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nola Northshore Real Estate. Data last updated: 2023-05-30T10:34:34.117.
www.nolanorthshorerealestate.com/homes/126920218
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824 Royal Street New Orleans, LA 70116

  • Price: $3,575,000
  • Status: Active
  • On Site: 434 Days
  • Updated: 63 min ago
  • MLS #: 2336962
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,283
SQFT
$432
$/SQFT
2011
Built
County:
Orleans
Property Description
Premium Commercial/Residential property centrally located on one of the best blocks of Royal Street in the French Quarter! New Orleans culture has never been more alive at any other property! Walking distance to St. Louis Cathedral, Jackson Sq. & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income= $198,900.00/yr. across all units.With excellent street visibility for the commercial space opening onto Royal Street, this property is sure to pique interest in the bustling foot traffic of this area of the Quarter. Current tenant of commercial space has been there for many years. Property includes 1st floor commercial space + 8 residential units total. Front house includes 3 stories: commercial on 1st floor, gorgeous large 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on 3rd. Back house includes two 1BR/1BATH units and four studio/1BATH units. Carriage way entry into lush courtyard area can be easily converted into parking for 3+ cars. First time on the market in 70 years! Dont miss your chance to own a piece of history in the French Quarter.
Exterior Features

Construction Materials BrickConcrete Lot Features City LotRectangular Lot Lot Size Dimensions 42X127 Other Structures Living Quarters Parking Features AttachedCoveredThree Or More Spaces

Interior Features

Building Area Total 9214

Property Features

Architectural Style Historic/Antique Community Features Common Grounds/Area Levels Three Or More New Construction No Owner Pays InsuranceTaxes Property Condition Repairs CosmeticResale Restrictions Sewer Public Sewer Special Listing Conditions None Structure Type Mixed Use Tenant Pays All Utilities Watersource Public

Gulf South Real Estate Information Network Listing courtesy of Gulf South Real Estate Information Network.
Listing provided courtesy of Michael Wilkinson of French Quarter Realty: (504) 949-5400.



Broker and Associates are licensed in the State of Louisiana, USA.
Nola Northshore Real Estate || 985-807-1117 || Mandeville, LA.

Terms & Conditions
© 2023 Gulf South Real Estate Information Network. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nola Northshore Real Estate. Data last updated: 2023-05-30T10:34:34.117.
 
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Nola Northshore Real Estate
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Mandeville LA, 70471