42
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$1,295,000
Est. payment /mo
7 Beds
7.5 Baths
12,500 SqFt
Active
3037 ROYAL ST New Orleans, LA 70117
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 12,500 sqft
Price per Sqft $103
MLS Listing ID 2446879
Style Other
Bedrooms 7
Full Baths 4
Half Baths 7
Construction Status Very Good Condition
HOA Y/N No
Year Built 1920
Property Sub-Type Apartment
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
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Driveway, Off Street
Water Access Desc Public
Roof Type Shingle
Accessibility Accessibility Features
Building
Lot Description City Lot, Rectangular Lot
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
Construction Status Very Good Condition
Others
Tax ID 41062151
Special Listing Condition None
Listed by Ben & Burka
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