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$11,950,000
New Listing

1630 CANAL ST Street
New Orleans, LA 70112

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
108,000
SqFt
$111
/SqFt
County:
Orleans
Call Now: (504) 302-9590
Is this the listing for you? We can help make it yours.
(504) 302-9590
1630 CANAL ST Street1630 CANAL ST Street1630 CANAL ST Street1630 CANAL ST Street
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Monthly Payment (Est.)

$54,521
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Creative Financing Available | Historic Tax Credit Opportunity | 100+ Key Redevelopment Acquire and redevelop a ±108,000 SF, 100+ key hotel or multifamily asset in the heart of New Orleans’ BioMedical District. Ownership is now offering creative financing, providing a path to control a large-scale CBD asset with reduced upfront equity and greater execution certainty. The property has been determined eligible for Federal and State Historic Tax Credits, offering the potential to significantly reduce overall project basis. Positioned along Canal Street with approximately 180 feet of frontage and direct streetcar access, the site sits at the intersection of the CBD, Medical District, and French Quarter—one of the most dynamic and rapidly developing corridors in the city. Originally constructed in 1963 as the Governor House Motor Hotel, the six-story, steel-frame structure offers a true blank-canvas opportunity for hotel, multifamily, or mixed-use redevelopment. The property is vacant and has been remediated, allowing for immediate redevelopment. Walkable to the CBD, Medical District, and French Quarter, and located minutes from the Superdome, Caesars Casino, and Convention Center. Ownership is seeking qualified buyers capable of executing on a transformative redevelopment. Additional information available upon request.

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Listing Snapshot
Price 
$11,950,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
108,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.8069 Acres
Year Built 
N/A
MLS® Number 
2553340
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoListing first seen on site
10 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.8069
Cross Street 
S. Claiborne Ave., Cleveland Ave., S. Robertson St
Parking 
Parking Lot
Sewer 
Public Sewer
SqFt Total 
108000
Water Source 
Public
Zoning 
CBD-7
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Exterior Features
Construction Details 
BrickConcrete
Lot Features 
City LotRectangular Lot
Listing courtesy of Talbot Realty Group

Copyright © 2017-present, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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