3037 Royal Street, New Orleans, Orleans 70117

Description

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 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.

For additional information including floor plans, see linked 3037 Royal Street Brochure.

Detail

Zoning
HMR-3 (RDO-1 Overlay)

Property Size
12,500 SqFt

Property Type
Apartment