824 Royal Street New Orleans, LA 70116Status: Active


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 Sq. & the French Market--making this a high-demand area for all investors in search of a classic income producing property that stays steadily, fully occupied. Annual Rental Income= $198,900.00/yr. across all units. <br> <br> 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 includes 1st floor commercial space + 8 residential units total. Front house includes 3 stories: commercial on 1st floor, gorgeous large 2BR/2BATH unit with balcony overlooking Royal on 2nd floor and another 2BR/2BATH unit on 3rd. Back house includes two 1BR/1BATH units and four studio/1BATH units. Carriage way entry into lush courtyard area can be easily converted into parking for 3+ cars. <br> <br> First time on the market in 70 years! Don’t miss your chance to own a piece of history in the French Quarter. <br> <br>

MLS Number2336962
Listing typeCommercialSale
Property subtype
List price$3,575,000
Total area0 Sq Ft
Square Feet8283 Sq Ft
Lot descriptionCityLot,RectangularLot
Lot size42X127
Age2011 years
Age description200
Open house details
Full address824 Royal Street New Orleans LA 70116
Bounding streetsDumaine Street, St. Ann Street
Elementary school
Junior school
High school
Car storageAttached,Covered,ThreeormoreSpaces
Pool type
Sewer typePublicSewer
Water typePublic

Additional Info

Listing Courtesy Of French Quarter Realty