2485 Royal Street St, New Orleans, LA 70117 (MLS # NO2548144)
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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.
| DAYS ON MARKET | 103 | LAST UPDATED | 4/22/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | Orleans |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Apr 22, '26 | $3,200,000 |
|---|---|
| Apr 22, '26 - Today | $3,099,900 |
| ADDITIONAL DETAILS | |
| LOT | 3071 sq ft |
|---|---|
| LOT DIMENSIONS | 32 x 96 |
| PARKING | None |
| STORIES | 2 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with Jon Huffman Real Estate
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