Active
Sale
Hospitality
ID b2a284d6
Full Service B&B in the Marigny
2483 Royal St, New Orleans, LA 70117
For Sale
$3,099,000$340.70/SF
- Building Size
- 9,096 SF
- Lot Size
- 0.057 ac
- Parish
- Orleans
- Days on Market
- 562
- Listed
- 03/18/2025
- Updated
- 08/26/2026

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Overview
Incredible hospitality property with multiple revenue streams. Licensed B&B with six guest rooms plus operating restaurant and bar with ABC permit. On top of that, a second building provides four long-term residential rentals for diversified income sources. Restaurant and bar operation currently leased to a third-party operator . B&B operation comes with existing bookings in place and experienced operations manager for a smooth transition. Two large buildings with a shared common courtyard. Current cap rate exceeds 10%. Located in the heart of the trendy Faubourg Marigny, 5 blocks from Frenchmen Street and 7 blocks from the French Quarter. Please do not disturb employees or tenants!
Additional Information
- City
- New Orleans
- State
- LA
- Zip Code
- 70117
- Zoning
- HMC-1
- Sale Terms
- Cash to Seller
- # of Buildings
- 2
- Floors
- 2
- Year Built
- 1880
- Year Renovated
- 2010
- Submarket
- Greater New Orleans
- Property Status
- Existing
- Lot Size
- 58' x 96'
- Parcel APN
- 38W101509
- Listing ID
- b2a284d6
- City
- New Orleans
- State
- LA
- Zip Code
- 70117
- Zoning
- HMC-1
- Sale Terms
- Cash to Seller
- # of Buildings
- 2
- Floors
- 2
- Year Built
- 1880
- Year Renovated
- 2010
- Submarket
- Greater New Orleans
- Property Status
- Existing
- Lot Size
- 58' x 96'
- Parcel APN
- 38W101509
- Listing ID
- b2a284d6
