2485 ROYAL Street, New Orleans, LA 70117 (MLS# NO2548144)

2485 ROYAL Street, New Orleans, LA 70117

$3,099,900
Property Type: Comm Bldg Sale/Lease Square Footage: 9,540 Status: Active
Current Price: $3,099,900 List Date: 3/17/2026 Last Modified: 4/22/2026

Overview

Description

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.

Listing Details MLS# NO2548144

Listing Info

For Sale
Yes
Delayed Marketing
No
Listing Price
3099900
List Price/SqFt
324.94
Modification Timestamp
2026-04-22T15:04:52Z
Photo Modified
2026-03-17T21:39:21Z

Location Tax Legal Info

Street Number
2485
Street Name
ROYAL Street
Parish
Orleans
State
LA
Zip Code
70117
Tax Assessment Number
2483-ROYALST
Zone
HMC-1
Directions
Bounding Streets: St. Roch, Spain

General Property Description

Lot Dimensions
32 X 96
SqFt - Total
9540
SqFt - Source
Public Record
Stories
2
Acreage Range
0 - 0.5

Originating Details

Originating System ID
ROAMM
Originating System Key
57418688
Originating System Listing ID
2548144
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
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

Sale/Lease Info

Lease Purchase
No

More Information

Remarks & Misc

Remarks
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.

Office/Member/Contract Info

List AOR
NOMAR

Property Type

Hotel/Motel
Yes
Restaurant
Yes
Retail
Yes

Parking

None
Yes

Property Features

Property Type: Hotel/Motel; Restaurant; Retail Parking: None
IDX
Listing Office: Jon Huffman Real Estate
Last Updated: April - 22 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.