Active
Commercial
824 Royal Street
New Orleans, LA 70116
Square Ft.
9,214
$3,575,000
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 Square & the French Market--making this a high-demand area for all investors in… Read More search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income ~$225,600/year across all units ($18,800/month). 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 offers one, 1st floor commercial space + 8 residential units total (studios, 1BR & 2BR units). 3-story front house includes commercial on 1st floor level. gorgeous & spacious 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on the 3rd floor. Back house includes two 1BR/1BATH units and four studio/1BATH units. Both houses surrouding a large, lush courtyard area with indoor and outdoor stair access to units. Carriage way entry area can easily be converted into parking for 3+ cars with curb cut out already in place. First time on the market in over 70 years! Don't miss your chance to own a piece of rare history in the New Orleans French Quarter. Read Less
Courtesy of , FQR Realtors
Listing Snapshot
Days Online
1190
Last Updated
Property Type
Retail
Square Ft.
9,214
Lot Size
0.12 Acres
MLS Number
NO2336962
Additional Details
Building
Building Area Total: 9214, Building Area Units: Square Feet, Building Features: "Living Space Available", Construction Materials: "Brick", "Concrete", Living Area Units: Square Feet, Living Area: 9214
Lot
Lot Size Acres: 0.1225, Lot Size Area: 5334, Lot Size Dimensions: 42 x 127, Lot Size Square Feet: 5334, Lot Size Units: Square Feet, Parcel Number: 207101516
Parking
Parking Features: "Covered"
Property
Property Sub Type: Retail, Zoning: VCC-1
Sewer
Sewer: "Public Sewer"
Taxes
Tax Legal Description: 1. SQ 47 LOT 17 ROYAL 42X127
Utilities
Water Source: "Public"
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