2485 Royal Street New Orleans, LA $ 3,200,000
2485 Royal Street
$ 3,200,000
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2485 Royal Street

New Orleans, LA, 70117
$ 3,200,000
Bedrooms-- Baths-- Sq 9,396

Monthly Estimate*

$ 19,703

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Commercial Property for sale in New Orleans, LA

for $3,200,000. This 9,396 square foot building was built in 1860.

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.

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Commercial Active

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1860

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2548144

Features
General
Sewer Public Sewer
Zoning HMC-1
Construction Materials Wood Siding
Year Built 1860
Stories Count 2
Levels Two
County Orleans
Property Type Commercial Sale
Full Baths 0
Status Active
City New Orleans
Structure Type Hotel/Motel Mixed Use
Standard Status Active
Legal Description SQ 164 LOT 9 ROYAL AND ST ROCH 26X96 SGLE 2/STRY 5/RM UP AND 2/RM DOWN AND STORE 2483-85 ROYAL ST
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Exterior
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0
Building Area Total 9540
Lot Dimensions 32 X 96
Lot Size Acres 0
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Jon Huffman Real Estate

Broker

jonhuffmanrealestate@gmail.com

Email

Affordability Calculator

$19,703
Per Month
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Monthly Principal & Interest
$19,703
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Default based on a 30-year fixed rate of 6.25% 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
3/17/2026$3,200,000 Listed Price

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2485 Royal Street, New Orleans, LA, 70117 is a Commercial Property for sale at $3,200,000 with 9,396 sqft. 2485 Royal Street was built in 1860. The property's zip code is 70117 which is in New Orleans, LA