900 Royal Street # 101 New Orleans, LA $ 1,500,000
900 Royal Street # 101
$ 1,500,000
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900 Royal Street # 101

New Orleans, LA, 70116
$ 1,500,000
Bedrooms-- Baths-- Sq 1,187

Monthly Estimate*

$ 9,358

900 Royal Street # 101, New Orleans, LA 70116 - Image 1
900 Royal Street # 101, New Orleans, LA 70116 - Image 2
900 Royal Street # 101, New Orleans, LA 70116 - Image 3
900 Royal Street # 101, New Orleans, LA 70116 - Image 4
900 Royal Street # 101, New Orleans, LA 70116 - Image 5
900 Royal Street # 101, New Orleans, LA 70116 - Image 6
900 Royal Street # 101, New Orleans, LA 70116 - Image 7
900 Royal Street # 101, New Orleans, LA 70116 - Image 8
900 Royal Street # 101, New Orleans, LA 70116 - Image 9
900 Royal Street # 101, New Orleans, LA 70116 - Image 10

Commercial Property for sale in New Orleans, LA

for $1,500,000. This 1,187 square foot building was built in 1838.

Seize this exceptional investment opportunity to own a prime, first-floor commercial condo ideally located at the corner of Royal and Dumaine Street in the vibrant, New Orleans French Quarter. Built in 1838, 900 Royal Street is known as one of the Princess of Monaco buildings and is one of the most photographed properties in the Quarter. Offering excellent street visibility to the bustling foot traffic of this area, this location is sure to attract both tourists and locals alike! Spanning approximately 1,187 square feet, this condo features a gorgeous restaurant space, bar, and full kitchen as well as a charming and spacious rear courtyard with additional seating. Sale includes the existing lease in place with the current tenant paying $7,500/month, NNN (detailed expense breakdown available upon request)--annual income totaling at $90,000/year. This property is a fantastic opportunity for any investor looking to find a high-income-producing commercial space in one of New Orleans' most sought-after locations. Don’t miss your chance to own a prime piece of the French Quarter!

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1838

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2464899

Features
General
Sewer Public Sewer
Zoning VCC-1
Security Features Fire Sprinkler System
Construction Materials Brick
Year Built 1838
Tenant Pays All Utilities Insurance Janitorial Service Taxes
Stories Count 1
Levels One
Unit Number 101
County Orleans
Property Type Commercial Sale
Total Rooms 0
Full Baths 0
Status Active
City New Orleans
Structure Type Mixed Use
Standard Status Active
Tax Lot 1
Legal Description 1. SQ 48 LOT 1 ROYAL AND 2. DUMAINE 30X90
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Exterior
Parking Features None
Lot Features Corner Lot City Lot
Water Source Public
Lot Size Area 0
Building Area Total 1187
Lot Dimensions 30X90
Lot Size Acres 0
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Fqr Realtors

Broker

wilkinson@fqr.com

Email

Affordability Calculator

$9,358
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
9/2/2024$1,500,000 Listed Price

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900 Royal Street # 101, New Orleans, LA, 70116 is a Commercial Property for sale at $1,500,000 with 1,187 sqft. 900 Royal Street # 101 was built in 1838. The property's zip code is 70116 which is in New Orleans, LA