44-Room Hostel in
For Lease
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1028 Canal St, New Orleans, LA 70112
The 210-bed property includes private suites, dorm-style rooms, and substantial lobby and shared areas.
Space SizeContact for details
Days on Market136
Property Features for 1028 Canal St
General Information
Standard status
Active
Property subtype
Hospitality
Zoning
CBD-3
Site & Location
Neighborhood
Central Business District
Corner Location
Yes
Additional Details
Sublease
Yes
Currently Operating
Yes
Building Details
Year Renovated
2017
Tenancy
Single Tenant
Listing Agency:
Felicity Property Co., LLC
Listed By:
Jack Egle · License #995704008
(504) 586-8305
Source:
Lacdb.resimplifi
Added: Jun 16
Changed: Oct 26
Last Checked: Oct 28 at 4:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Felicity Property Co., LLC
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Investment Insights
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Operating as HI New Orleans, this 36,004-square-foot hospitality property is configured with 44 rooms and 210 beds, including private suites and dorm-style accommodations. A complete gut renovation preceded its return to service in late 2017, and the building has been maintained in very good condition. The offering comprises 1028 Canal Street and part of 1036 Canal Street under a long-term lease structure; an attached Bésame restaurant operates as a subtenant. Zoning is CBD-3.
At the corner of Canal and Rampart Streets, the property is catty-corner to the Saenger Theatre. The Canal Street and Rampart-St. Claude streetcar lines provide transit access. Potential configurations described for the property include continued hostel operations or a hotel-oriented layout, including changes to dorm-style accommodations and use of the lobby and common areas.
At the corner of Canal and Rampart Streets, the property is catty-corner to the Saenger Theatre. The Canal Street and Rampart-St. Claude streetcar lines provide transit access. Potential configurations described for the property include continued hostel operations or a hotel-oriented layout, including changes to dorm-style accommodations and use of the lobby and common areas.
Key Highlights
- 44 rooms and 210 beds in a 36,004‑square‑foot property
- Private suites and dorm‑style accommodations
- Complete gut renovation before return to service in late 2017
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
10,854
Businesses Nearby
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Business Placement
Demographics for 70112, LA
4,988
Population
3,711
Households
1.3
Avg Household Size
35
Median Age
44%
College-Educated
91%
High-School Grad
1.0 sq mi
ZIP Area
4,988
Density / Sq Mi
$23,052
Median Household Income
$36,029
Median Earnings
$1,063
Median Rent
$398,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Hotel - The 210-bed property includes private suites, dorm-style rooms, and substantial lobby and shared areas.
Where is this hotel located?
The property is located at 1028 Canal St New Orleans, LA.
What are key features of this property?
This property features: 44 rooms and 210 beds in a 36,004‑square‑foot property; Private suites and dorm‑style accommodations; Complete gut renovation before return to service in late 2017
