French Quarter Hotel
For Sale
$5,200,000
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 Market221
Property Features for 623 Ursulines Ave
General Information
Standard status
Active
Size
7,000 SF
Lot size
0.13 Acres
Property subtype
Hospitality
Zoning
VCR-2
Listing Agency:
NAI Rampart Commercial Real Estate New Orleans
Listed By:
Reed Wiley · License ##BROK.995704349-ASA
(504) 236-7816
Source:
Lacdb.resimplifi
Added: Feb 17
Changed: Sep 22
Last Checked: Sep 26 at 3:41AM
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 Commercial Real Estate New Orleans
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
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Current Use
Location Intelligence
Trade Area within ½ mile
4,185
Businesses Nearby
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Business Placement
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
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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.
