3000 Royal St

SVN | Urban properties is proud to introduce a prime acquisition opportunity in the Bywater.
Less than a mile from the French Quarter, sandwiched between the popular neighborhoods of St. Claude and the Marigny, lies the historic Bywater neighborhood. The neighborhood is home to a mix of art galleries, cafes and some of the city's most noteworthy restaurants & bars. This area has witnessed incredible rebirth in recent years, with locals and tourists alike immersing themselves in all the history the Bywater has to offer.
A historic 2-story, +/- 17,000 square foot building, 3000 Royal is ideally situated for a variety of investors. Located in a highly desirable area, this property offers excellent visibility and accessibility, making it an attractive option for businesses looking to establish a strong presence in the Bywater neighborhood.
Currently home to Bywater Brew Pub, 3000 Royal offers second generation brewpub space for an owner-occupant, with value-add potential on the second floor. The property underwent a complete exterior & first floor renovation in 2020.
The first floor is mainly comprised of a turn-key restaurant (fully equipped, open kitchen with walk-in and bar) & brewery (10-barrel system including fermenters and 5, 10-barrel brite tanks with walk-in) space. There is a small, occupied office studio on the first floor as well. Live music is currently allowed in the restaurant for up to three musicians.
The second floor is comprised of office studios, currently occupied by local artists.
The property is equipped with an operational freight elevator.
Notable nearby locations include Bacchanal Fine Wine & Spirits, Bywater Bakery, Pizza Delicious, Paladar 511, Marigny Opera House, Crescent Park, and plenty more!
Take advantage of this exceptional offering and own a part of the historic Bywater neighborhood.
Most restaurant/brewpub FF&E is included in the sale. Please see 'Excluded FF&E' document for the list of excluded items. Contact Advisor(s) for brochure!