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121 Royal St
New Orleans, LA 70130
Wyndham New Orleans · Hospitality Property For Sale · 12,490 SF
PROPERTY FACTS
Property Type | Hospitality | Building Size | 12,490 SF |
Property Subtype | Hotel | No. Stories | 5 |
Building Class | C | Year Built/Renovated | 1892/2025 |
Lot Size | 0.15 AC | Corridor | Interior |
Construction Status | Under Renovation |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 0.15 AC |
Construction Status | Under Renovation |
Building Size | 12,490 SF |
No. Stories | 5 |
Year Built/Renovated | 1892/2025 |
Corridor | Interior |
Amenities
- Fitness Center
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
About 121 Royal St , New Orleans, LA 70130
Sealed Bid Auction! Historic Royal Cosmopolitan Hotel Property 121 Royal St., French Quarter, New Orleans, LA 70130 Tuesday, September 11th - Perfect for Hotel, Restaurant, Condos & Event Facility - 5 1/2 Story Historic Hotel Circa 1892 - One of the last French Quarter Hotel Sites - Recent Zoning for 13 Story Tower - Plan for 98+ Rooms - State & Federal Tax Credits - 1 Block off Bourbon & 1/2 Block off Canal Street - 2017 New Orleans Visitors 17.74 million (NOCVB) - New International Airport Complete in 2019 - Great Investment/Development Property The original building was constructed in 1892 as the Cosmopolitan Hotel and later becoming the Astor Hotel in 1925. The original hotel extended from Royal Street to Bourbon Street. The current building is located on Royal Street and extends 160 towards Bourbon Street and is 44 feet wide with an offset in the rear. The original building is a five-story masonry building with a rear cast iron facade which is in good repair. The rear ballroom portion of the building has collapsed over the years, however, many of the decorative structural elements have been preserved and will be used in the reconstruction. The historic front building has been nominated for the National Register and will be restored back to the original condition both inside and out. This portion of the construction is eligible for both State and Federal Historic Tax Credits. In cooperation with SVN Interstate Auction SVN Gilmore Auction & Realty Co. D. Gilmore | LA Lic# 447 Francis Braud, Broker All SVN Offices Independently Owned and Operated
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PROPERTY TAXES
Parcel Number | 2-06-1-030-21 | Improvements Assessment | $68,850 |
Land Assessment | $45,100 | Total Assessment | $113,950 |
PROPERTY TAXES
zoning
Zoning Code | CBD-2 (Central Business District) |
CBD-2 (Central Business District) |
Learn More About Investing in Hospitality Properties
Listing ID: 13404942
Date on Market: 8/6/2018
Last Updated:
Address: 121 Royal St, New Orleans, LA 70130
The Hospitality Property at 121 Royal St, New Orleans, LA 70130 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.