Active
Sale
Hospitality

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
Full Service B&B in the Marigny
1 / 22

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

Parcel & Location