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    124 S Lopez St New Orleans, LA 70119

    For Sale
    $5,900,000

    Commercial - New Orleans, LA

    Property size:
    29,238 SF
    Days on Market:
    60
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 124 S Lopez St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C
    Size
    29,238 SF

    Building Details

    Architectural style
    Other

    STOPHCO 2, LLC (504) 799-1702 [email protected]

    Listing agent Nathalie Dubois (504) 799-1702

    Listing date Oct 7, 2025

    MLS# 2486486 Listing URL

    Copyright © 2025 Gulf South Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Hotel Investment Opportunity

    Established in 1990, this fully operational hostel, known as India House, presents a turn-key investment opportunity. The property features 27 private rooms, each with a private full bath, and 32 dormitory beds within shared bathrooms. The hostel benefits from a hotel business license and a food and beverage license. Comprising six front buildings and two back buildings, the property includes a large courtyard with an above-ground pool and a music stage. Parking is available on-site. Located half a block from the streetcar line on Canal Street, the property is situated at 112, 124, 126-28, 130-32,136-34,140-42 South Lopez St. The location offers high traffic and strong exposure. The zoning supports a mix of uses, including residential and/or hotel, with retail and restaurant possibilities. The property size is 29238 square feet and is located in New Orleans, LA. The hostel aims to provide travelers with an authentic New Orleans experience.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    India House Hostel Hostel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.0922367
    Latitude
    29.9680305

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    FAQs

    What type of property is this?
    Hostel - Licensed hotel with 27 keys, food and beverage license.
    Where is this hostel located?
    The property is located at 124 S Lopez St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $5,900,000.
    What are key features of this property?
    This property features: - Turn-key, fully operational hostel with hotel and food/beverage licenses.; - Prime location half a block from the Canal Street streetcar line.; - **27 private rooms with full baths plus 32-bed dormitories.**
    (504) 799-1702
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    124 S Lopez St New Orleans, LA 70119
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    New Orleans, LA 70119
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124 S Lopez St New Orleans, LA 70119
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