124 S LOPEZ Street New Orleans, LA 70119

Building Details

Year Built

1920

Listing Agency Berkshire Hathaway HomeServices Preferred, REALTOR d***@gmail.com Show Phone

Listed by Nathalie Dubois · License #995703042 Show Phone

Source Exitrealty

Added: Feb 26, 2025 Checked: Jul 17 at 4:11 am

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Investment Insights

Based on property information with market context.

Established in 1990, this fully operated hostel, known as India House, presents a turn-key investment opportunity. The property includes a hotel business license and a food and beverage license. It features 27 private rooms, each with a private full bath, and 32 dormitory beds within 32 private rooms that share bathrooms. The property is located half a block from the streetcar line on Canal Street. The asset includes six front buildings and two back buildings, surrounding a large courtyard that features an above-ground pool and a music stage. Parking is available on-site. The zoning supports a mix of uses, including residential and hotel accommodations, with potential for retail and restaurant development. The location benefits from high traffic, ensuring strong exposure. The property offers 29,238 square feet of space and is located on South Lopez Street. This location offers travelers an authentic New Orleans experience.

Key Highlights

• Turn‑key, fully operational licensed hotel established in 1990 with hotel and food & beverage licenses.
• Prime location half a block from the Canal Street streetcar line.
• Includes 27 private rooms with full baths and 32‑bed dormitories with shared bathrooms.

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FAQs

What type of property is this?

Hotel - Established hotel with licenses, rooms, courtyard, pool, and parking.

Where is this hotel located?

The property is located at 124 S LOPEZ Street 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 licensed hotel established in 1990 with hotel and food & beverage licenses.; Prime location half a block from the Canal Street streetcar line.; Includes 27 private rooms with full baths and 32‑bed dormitories with shared bathrooms.