Unique Bywater Development Opportunity

Retail-Commercial for Sale
Also listed as Industrial, Vacant Land
Catylist Listing ID: 30340709
Property Subtypes: Mixed Use, Restaurant, Street Retail
Building Size (RSF): 25,525 SF
Gross Building Area: See Agent
Sale Price: $3,750,000
Unit Price: $146.91 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2018

Overview / Comments

3300 Royal Street is located on the northeast corner of Royal and Piety Streets. This unique opportunity sits one block from the Mississippi River between the Mickey Markey Playground and the iconic rainbow bridge entrance to the Crescent Park.

The site is in the heart of the Bywater, one of the city’s most beloved neighborhoods. It has access to three (3) streets in the square: Royal, Piety, and Desire Streets. It is currently occupied by the Giordano Wholesale Furniture Distributors. Please note that Giordano Wholesale Furniture Distributors continues to operate its business. Appointments to tour the property must be made in advance. Please, no walk-ins.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41072163
Zoning Description: HM-MU/Historic Marigny/Treme/Bywater-Mixed-Use District. This zoning is intended for areas of mixed-use development that are close to residential neighborhoods.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,045 141,616 362,788
Median Age: 38.61 37.43 35.73
Households: 9,837 62,900 150,339

Contact

Photograph of Listing Agent

Hayden W Wren, III

Corporate Realty - Main Office New Orleans, LA 70170-0000
Photograph of Listing Agent

Austin Lavin

Corporate Realty - Main Office New Orleans, LA 70170-0000
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.