Listing Courtesy of: Christopher Talbot - Talbot Realty Group 504-525-9763
$11,250,000 affordable loan icon Calculate Payment

1630 CANAL Street New Orleans, LA 70112

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General Commercial Residence
Beds
Baths
108,000 Sq. Ft.
0.81 Acre Lot

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Last updated on 9/25/2024 4:12 AM
CALL FOR OFFERS! Multi-Family or Hotel Development Opportunity A 100+ room (±108,000 SF) CBD multi-use redevelopment site. This highly visible building is ideally located on Canal Street adjacent to I-10 in the BioMedical District of New Orleans, Louisiana. The property offers approximately 180 f...eet of frontage along prominent Canal Street and is directly situated on the streetcar line. Its highly visible positioning in the epicenter of New Orleans businesses and transportation routes allows for first-class convenience and accessibility. The property has been determined to qualify for Historic Tax Credits on the federal and state levels and is located in an opportunity zone. The Canal Street location offers the opportunity to redevelop an impressive short/long-term stay service or hotel tower, with direct access to the CBD, Medical District, Warehouse District, and the French Quarter. 1630 Canal Street is strategically located for walkability to the most acclaimed restaurants, premier shopping, and entertainment in the heart of New Orleans. It is only blocks away from The Superdome and a drive of less than five minutes to Caesar's Casino and the Convention Center. Building Overview: Single building with attached garage Steel frame blank canvas ready for development Currently vacant and remediated Outdoor pool and cabana Potential for rooftop development and entertainment Historical Significance: The former Governor House Motor Hotel is a six-story hotel built in 1963 as the first motor hotel in the New Orleans Central Business District. The steel-frame building is clad in brick and designed in the French Quarter Revival Style, making prominent use of iconic elements such as French doors, shutters, arched openings, and balconies. The building's exterior has not been altered since the hotel opened. Continue reading
MLS#
2459799
Property Type
General Commercial
Year Built
1963
Square Feet
108,000 sq. ft
Lot Size
0.81

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Listing Courtesy of: Christopher Talbot - Talbot Realty Group 504-525-9763
Andrea Conner, License BROK.995692987-ACT, Xome Inc., License BROK.0995686178-CORP, AndreaD.Conner @xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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