2485 ROYAL Street, New Orleans, Louisiana, 70117

Listed by Jon Huffman Real Estate, Jon Huffman
$2,996,000
9,396 Sqft
#2548144
Two adjacent buildings with three strong revenue streams! Corner building houses two successful restaurants on the ground floor and very popular licensed B&B on the top floor. Restaurants are leased to a third-party operator and come with a full ABC permit. B&B license is transferable to buyer (NOT an STR permit but a fully-licensed B&B). Six B&B units are beautifully furnished and feature a deep wraparound balcony overlooking Royal Street. All future bookings for B&B to be transferred to new owner. The B&B is professionally managed and manager would be happy to maintain operation!Second building holds six long-term rental units, all currently leased. All six units are furnished, turn-key operations. Easy walking distance to top-notch restaurants, music clubs and the French Quarter. Right in the center of the Marigny entertainment district! Please do not speak directly to any tenants at the property.

PROPERTY FEATURES

  • Business Type : Commercial, Hotel/Motel, Restaurant
  • Utilities : Natural Gas Available
  • Water Source : Public
  • Sewer : Public Sewer
  • Current Use : Commercial, Residential
  • Zoning : HMC-1
  • Construction Materials: Wood Siding
PROPERTY DETAILS
ID: 2548144
Status: Active
Price: $2,996,000
Type: Other
Address: 2485 ROYAL Street
City, State: New Orleans, Louisiana
County: Orleans
Zip Code: 70117
Lat/Long: 29.964947, -90.051924
Presented By: Jon Huffman
Phone:
Email: Click to Contact