1101 Royal Street New Orleans, LA $ 2,475,000
1101 Royal Street
$ 2,475,000
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1101 Royal Street

New Orleans, LA, 70116
$ 2,475,000
Baths0.0 Sq 5,400

Monthly Estimate*

$ 17,289

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Studio

Commercial Property for sale in New Orleans, LA

for $2,475,000. This 5,400 square foot building was built in 1831.

Step into the historical Royal Pharmacy, a staple of the New Orleans French Quarter for many decades! This remarkable property is a rare gem, boasting a prime location wrapping the corner of Royal Street and Ursulines Avenue, offering excellent street visibility to the bustling foot traffic of this area. This property has served as a beloved pharmacy for an impressive 100 years and has been in the current Owner's family for the last 80 years. Built in 1831, you’re sure to step back in time upon entering with one look at the lovely soda fountain bar, added in the 1940s. With endless charm and character featured throughout, this property creates a nostalgic and unique atmosphere that is sure to captivate both locals and visitors alike. Property offers a large, 1st-floor commercial space with addtl. storage and office spaces in back + residential spaces on 2nd-3rd floors. The 2nd floor includes a breathtaking & expansive residential unit which spans the entire floor level. Residential portion has been updated while still keeping the integrity of the culture throughout. With beautiful hardwood floors, tons of space, beautiful bathrooms, custom features & finishes throughout + four sets of French Doors opening to a gorgeous wraparound balcony, you can’t find much better. Property also boasts an addtl. 3rd-floor residential space, offering a variety of uses whether it be an office, or entertainment room, the choice is yours. Investing in this property means owning a quintessential piece of history in the French Quarter, making it a rare and coveted opportunity. Don't miss your chance!

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Commercial Active

Price

$ 2,475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Historic/Antique

Year Built

1831

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2410755

Features
General
Sewer Public Sewer
Zoning VCR-2
Architectural Style Historic/Antique
Construction Materials Brick Concrete
Year Built 1831
Stories 3
Levels Three Or More
County Orleans
New Construction 0
Property Type Commercial Sale
Other Structures Living Quarters
Total Rooms 0
Status Active
City New Orleans
Buyer Agent Compensation 2.5
Street Name ROYAL
Year Built Details 192
Property Condition Resale
Days on Market 169
Structure Type Mixed Use Retail
Standard Status Active
Tax Lot 1
Buyer Agent Compensation Type %
Legal Description 1. SQ 55 LOT 1 ROYAL AND 2. URSULINES 24X103
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Exterior
Parking Features None
Lot Features Corner Lot City Lot
Water Source Public
Lot Size Area 0
Building Area Total 5400
Lot Dimensions 24X103
Lot Size Acres 0
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Interior
Full Baths 0
Half Baths 0
Street Suffix Street
Total Bedrooms 0
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* Excluded Features
List By
French Quarter Realty

Broker

wilkinson@fqr.com

Email

Affordability Calculator

$17,289
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,289
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2023$2,475,000 Listed Price

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1101 Royal Street, New Orleans, LA, 70116 is a Commercial Property for sale at $2,475,000 with 5,400 sqft. 1101 Royal Street is a studio with 0.0 baths and was built in 1831. The property's zip code is 70116 which is in New Orleans, LA