2485 ROYAL Street, New Orleans, LA 70117
$3,200,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
9,540
Status:
Active
Current Price:
$3,200,000
List Date:
3/17/2026
Last Modified:
3/17/2026
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.
Supplements: ********
More Information MLS# NO2548144
Listing Info
Delayed Marketing: No
For Sale: Yes
List Price/SqFt: 335.43
Status: Active
Listing Date: 2026-03-17
Listing Price: 3200000
Current Price: $3,200,000
Modification Timestamp: 2026-03-17T21:40:20Z
Photo Modified: 2026-03-17T21:39:21Z
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
General Property Description
Lot Dimensions: 32 X 96
Stories: 2
SqFt - Total: 9540
SqFt - Source: Public Record
Acreage Range: 0 - 0.5
Sale/Lease Info
Lease Purchase: No
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: 1
Restaurant: 1
Retail: 1
Parking
None: 1
Originating Details
Originating System ID: ROAMM
Originating System Key: 57418688
Originating System Listing ID: 2548144
Originating System Name: ROAM Matrix
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
Property Features
Property Type: Hotel/Motel; Restaurant; Retail
Parking: None
Listing Office:
Jon Huffman Real Estate
IDX
Last Updated: March - 17 - 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.