1630 CANAL ST Street, New Orleans, LA 70112 (MLS# NO2553340)

1630 CANAL ST Street, New Orleans, LA 70112

$11,950,000
Property Type: Comm Bldg Sale/Lease Square Footage: 108,000 Lot Size (sq. ft.): 34,848 Status: Active
Current Price: $11,950,000 List Date: 4/16/2026 Last Modified: 4/16/2026

Overview

Description

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 ...

Listing Details MLS# NO2553340

Listing Info

For Sale
Yes
Delayed Marketing
No
Listing Price
11950000
List Price/SqFt
110.65
Modification Timestamp
2026-04-16T16:33:16Z
Photo Modified
2026-04-16T16:32:43Z

Location Tax Legal Info

Street Number
1630
Street Name
CANAL ST Street
Parish
Orleans
State
LA
Zip Code
70112
Tax Assessment Number
105103621
Zone
CBD-7
Directions
Bounding Streets: S. Claiborne Ave., Cleveland Ave., S. Robertson St.

General Property Description

Lot Dimensions
.80 acres
Acres
0.8
SqFt - Total
108000
SqFt - Source
Measured
Stories
6
Elevator
Yes
Acreage Range
0.51 - 0.99

Originating Details

Originating System ID
ROAMM
Originating System Key
57785345
Originating System Listing ID
2553340
Originating System Name
ROAM Matrix

Location, Tax & Legal Info

Legal Desc
SQ 404 LOT A-1 190' X 185' CANAL DAYS INN CANAL 216 ROOMS

Sale/Lease Info

Lease Purchase
No

More Information

Remarks & Misc

Remarks
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.

Office/Member/Contract Info

List AOR
NOMAR

Property Type

Hotel/Motel
Yes
Retail
Yes

Parking

Parking Lot
Yes

Construction

Brick
Yes
Concrete
Yes

Financing

Owner Finance
Yes

Property Features

Property Type: Hotel/Motel; Retail Construction: Brick; Concrete Parking: Parking Lot Financing: Owner Finance
IDX
Listing Office: Talbot Realty Group
Last Updated: April - 16 - 2026
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.