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2485 ROYAL Street New Orleans, LA $ 2,996,000
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$ 2,996,000 Get more info
2485 ROYAL Street
$ 2,996,000
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2485 ROYAL Street

New Orleans, LA, 70117
$ 2,996,000
Bedrooms-- Baths-- Sq 9,396

Monthly Estimate*

$ 20,693

2485 ROYAL Street, New Orleans, LA 70117 - Image 1
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2485 ROYAL Street, New Orleans, LA 70117 - Image 4
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2485 ROYAL Street, New Orleans, LA 70117 - Image 7
2485 ROYAL Street, New Orleans, LA 70117 - Image 8
2485 ROYAL Street, New Orleans, LA 70117 - Image 9
2485 ROYAL Street, New Orleans, LA 70117 - Image 10
2485 ROYAL Street, New Orleans, LA 70117 - Image 11
2485 ROYAL Street, New Orleans, LA 70117 - Image 12
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2485 ROYAL Street, New Orleans, LA 70117 - Image 16
2485 ROYAL Street, New Orleans, LA 70117 - Image 17

Commercial Property for sale in New Orleans, LA

for $2,996,000. 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

$ 2,996,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1860

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2548144
Features
General
Living Area 9396.0
Sewer PublicSewer
Zoning HMC-1
Construction Materials WoodSiding
Year Built 1860
Stories Count 2
Levels Two
Parcel Number 2483-ROYALST
County Orleans
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Full Baths 0
Status Active
City New Orleans
Senior Community Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type HotelMotel MixedUse
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 CityLot RectangularLot
Water Source Public
Lot Size Area 0.0
Spa N
Building Area Total 9540.0
Lot Dimensions 32 X 96
Lot Size Acres 0.0
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
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

$20,693
Per Month
100%
0%
0%
Monthly Principal & Interest
$20,693
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/6/2026$2,996,000 -3.35% Price Down
4/22/2026$3,099,900 -3.13% Price Down
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 $2,996,000 with 9,396 sqft. 2485 ROYAL Street was built in 1860. The property's zip code is 70117 which is in New Orleans, LA

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