900 Royal Street , #101

Description

Seize this exceptional investment opportunity to own a prime, first-floor commercial condo ideally located at the corner of Royal and Dumaine Street in the vibrant, New Orleans French Quarter. Built in 1838, 900 Royal Street is known as one of the Princess of Monaco buildings and is one of the most photographed properties in the Quarter. Offering excellent street visibility to the bustling foot traffic of this area, this location is sure to attract both tourists and locals alike!Spanning approximately 1,187 square feet, this condo features a gorgeous restaurant space, bar, and full kitchen as well as a charming and spacious rear courtyard with additional seating. Sale includes the existing lease in place with the current tenant paying $7,500/month, NNN (detailed expense breakdown available upon request)--annual income totaling at $90,000/year.This property is a fantastic opportunity for any investor looking to find a high-income-producing commercial space in one of New Orleans' most sought-after locations. Dont miss your chance to own a prime piece of the French Quarter!