Active

3037 ROYAL Street

New Orleans LA, 70117

$1,295,000


$103.60 per sqft

Active

7 Beds

11 Baths

12,500 sqft

Condos

Built in 1920

Courtesy of Aaron Kazanoff with Ben & Burka

Reduced! Motivated Sellers!

3037 Royal Street presents a unique opportunity with 4 apartment units and over 10,000 square feet of office space available for sale. Two apartments are leased, one is owner-occupied, and the last is currently on the market, 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 and elevator accessed 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.

2446879

MLS ID

May 6, 2024

Listed

October 11, 2024

Updated

Map

3037 ROYAL Street
New Orleans LA, 70117

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

11


Full Bathrooms

4


Half Bathrooms

7


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Features

City Lot, Rectangular Lot


Architectual Style

Other


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Days on Market

122


Garage

No


Parking

Driveway, Off Street


View

No


County

Orleans


Water Source

Public


Pool

No

Listing History

Date

Event

Price

9/5/2024

Price change

$1,295,000

-5%

6/20/2024

Price change

$1,350,000

-7%

5/6/2024

Price change

$1,450,000

-90%

Listing Contact: (504) 301-1002 

Based on information from the Gulf South Real Estate Information Network as of 10/11/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 3:35 PM UTC, 10/11/2024

 

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