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French Quarter Hotel Acquisition
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623 Ursulines Ave, New Orleans, LA 70116

19-key hotel in the iconic French Quarter.

Property Size7,000 SF
Lot Size0.13 Acres
Price / SF$742.86
Days on Market142

Property Features for 623 Ursulines Ave

General Information

Standard status Active
Size 7,000 SF
Lot size 0.13 Acres
Property subtype Hospitality, Multifamily
Zoning VCR-2

Building Details

Stories 2
Listing Agency: NAI Rampart
Listed By: Reed Wiley, CCIM · License #LA BROK.995704349-ASA
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 10 at 10:02AM

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 NAI Rampart

Investment Insights

Based on property information with market context.

Located at 623 Ursulines Ave in the French Quarter, this property presents a rare hotel acquisition opportunity. Currently operating as the Haunted Hotel, the property includes 19 keys within approximately 7,000 square feet of improvements. The site encompasses approximately 5,453 square feet and features a valuable outdoor courtyard space. This offering is suited for owner/operators and investors seeking a hotel in an iconic destination. The property is zoned VCR-2 (Vieux Carré Residential District). The property is to be sold in "as is, where is" condition with a Waiver of Redhibition to be executed and made part of the sale documents. All measurements are approximate and not guaranteed, and are to be verified by the purchaser. Zoning, Overlays, and Non-Conforming/Intended Use are to be verified by the purchaser.

Key Highlights

  • Rare French Quarter hotel acquisition opportunity.
  • 19 keys within approximately 7,000 SF of improvements.
  • Valuable outdoor courtyard space.

Property Analytics

Current Use

The Haunted Hotel Hotel & Motel

Suggested Use

Top Pick Dental Office Home Appliance Store (Bike/Boat/Book/etc) Store Daycare Center Locksmith Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,186
Businesses Nearby

Demographics for 70116, LA

10,676
Population
9,620
Households
1.1
Avg Household Size
44
Median Age
50%
College-Educated
90%
High-School Grad
1.3 sq mi
ZIP Area
8,212
Density / Sq Mi
$45,580
Median Household Income
$34,849
Median Earnings
$1,190
Median Rent
$385,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - 19-key hotel in the iconic French Quarter.
Where is this hotel located?
The property is located at 623 Ursulines Ave New Orleans, LA.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Rare French Quarter hotel acquisition opportunity.; 19 keys within approximately 7,000 SF of improvements.; Valuable outdoor courtyard space.
(504) 288-4100 Call to check price and availability
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