$1,500,000

900 Royal St Unit 101 New Orleans, LA 70116

French Quarter Neighborhood

Estimated payment $9,610/month

Total Views 5,664
-- Bed
-- Bath
1,187 Sq Ft
$1,264 Price per Sq Ft

Highlights

  • Corner Lot
  • 3-minute walk to Dumaine Street Station
  • 4-minute walk to Jackson Square
  • Property has 1 Level

About This Home

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!

Listing Agent

Michael Wilkinson

FQR Realtors License #000001640 Listed on: 08/26/2024

Property Details

Property Type

  • Other

Year Built

  • Built in 1838

Lot Details

  • Lot Dimensions are 30x90
  • Corner Lot
  • The community has rules related to zoning restrictions
  • Zoning described as VCC-1

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,187 Sq Ft Home
  • Property has 1 Level
  • Fire Sprinkler System

Location

  • City Lot

Community Details

  • Common Area

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 207101624

Property Details

Property Type

Other

Year Built

Built in 1838

Lot Details

0

Listing Details

  • Prop. Type: Commercial Sale
  • Lot Size: 30X90
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Mixed Use
  • Year Built: 1838
  • Special Features: None
  • Property Sub Type: Other
  • Stories: 1

Interior Features

  • Living Area: 1187.0

Exterior Features

  • Lot Features: Corner Lot, City Lot
  • Construction Type: Brick

Garage/Parking

  • Parking Features: None

Utilities

  • Security: Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Common Grounds/Area

Lot Info

  • Parcel #: 207101624
  • Zoning Description: VCC-1
  • Zoning: VCC-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities, Insurance, Janitorial Service, Taxes

Multi Family

  • Annual Gross Income: 90000.0

Tax Info

  • Tax Lot: 1

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 For Sale $1,500,000 -- $1,264 / Sq Ft
Source: ROAM MLS

Source: ROAM MLS

MLS Number: 2464899

Louisiana Orleans Parish New Orleans 70116 French Quarter

900 Royal St Unit 101, New Orleans, LA

This home is located at 900 Royal St Unit 101, New Orleans, LA 70116 and is currently priced at $1,500,000, approximately $1,263 per square foot. This property was built in 1838. 900 Royal St Unit 101 is a home located in Orleans Parish with nearby schools including Phillis Wheatley Community School, Bricolage Academy, and Mary Bethune Elementary School.

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Michael Wilkinson
Listing Agent
Michael Wilkinson
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FQR Realtors
(504) 474-6301