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121 Royal St
New Orleans, LA 70130

Wyndham New Orleans · Hospitality Property For Sale · 12,490 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.15 AC
Construction Status Under Renovation
Building Size 12,490 SF
Number of Floors 5
Year Built/Renovated 1892/2025
Corridor Interior

Amenities

  • Fitness Centre
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wi-Fi

About 121 Royal St , New Orleans, LA 70130

Sealed Bid Auction! Historic Royal Cosmopolitan Hotel Property 121 Royal St., French Quarter, New Orleans, LA 70130 Tuesday, September 11th - Perfect for Hotel, Restaurant, Condos & Event Facility - 5 1/2 Story Historic Hotel Circa 1892 - One of the last French Quarter Hotel Sites - Recent Zoning for 13 Story Tower - Plan for 98+ Rooms - State & Federal Tax Credits - 1 Block off Bourbon & 1/2 Block off Canal Street - 2017 New Orleans Visitors 17.74 million (NOCVB) - New International Airport Complete in 2019 - Great Investment/Development Property The original building was constructed in 1892 as the Cosmopolitan Hotel and later becoming the Astor Hotel in 1925. The original hotel extended from Royal Street to Bourbon Street. The current building is located on Royal Street and extends 160 towards Bourbon Street and is 44 feet wide with an offset in the rear. The original building is a five-story masonry building with a rear cast iron facade which is in good repair. The rear ballroom portion of the building has collapsed over the years, however, many of the decorative structural elements have been preserved and will be used in the reconstruction. The historic front building has been nominated for the National Register and will be restored back to the original condition both inside and out. This portion of the construction is eligible for both State and Federal Historic Tax Credits. In cooperation with SVN Interstate Auction SVN Gilmore Auction & Realty Co. D. Gilmore | LA Lic# 447 Francis Braud, Broker All SVN Offices Independently Owned and Operated

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2-06-1-030-21
Land Assessment
£35,873
Improvements Assessment
£54,765
Total Assessment
£90,638

zoning

Zoning Code CBD-2 (Central Business District)
CBD-2 (Central Business District)
  • Listing ID: 13404942

  • Date on Market: 06/08/2018

  • Last Updated:

  • Address: 121 Royal St, New Orleans, LA 70130

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