2311 RAMPART Street, New Orleans, LA 70117 (MLS# NO2577563)

2311 RAMPART Street, New Orleans, LA 70117

$2,999,000
Property Type: Comm Bldg Sale/Lease Square Footage: 12,141 Status: Active
Current Price: $2,999,000 List Date: 9/16/2026 Last Modified: 9/16/2026

Overview

Description

Value-Add Boutique Hotel | Expansion to 60 Keys Historic Rare opportunity to acquire a turn-key, income-producing 31-room boutique hotel located just steps from the French Quarter, with a clearly defined expansion path across five separate lots of record. Offering includes HDLC-approved plans for expansion and additional identified room conversions, creating significant upside potential and the ability to scale operations. Proposed expansion includes 18 additional rooms on the vacant parking lot (HDLC-approved), 7 additional rooms at 1001 Marigny Street (corner building--may alternatively be used for restaurant or commercial space or sold separately), and 4 additional rooms at 1005-07 Marigny Street, for a total potential of up to 60 rooms. Property zoning and configuration may permit alternative commercial uses, including drug and alcohol rehabilitation or a specialty residential treatment facility, which is a permitted use. Property eligible for historic tax incentives, including Fed ...

Listing Details MLS# NO2577563

Listing Info

For Sale
Yes
Delayed Marketing
No
Listing Price
2999000
List Price/SqFt
247.01
Modification Timestamp
2026-09-16T20:15:20Z
Photo Modified
2026-09-16T20:14:29Z

Location Tax Legal Info

Street Number
2311
Street Name
RAMPART Street
Parish
Orleans
State
LA
Zip Code
70117
Tax Assessment Number
38W103101
Zone
HMC-2
Directions
Bounding Streets: N. Rampart, Mandeville, St. Claude

General Property Description

Lot Dimensions
See Survey
SqFt - Office
466
SqFt - Total
12141
SqFt - Source
Appraiser
Stories
2
Acreage Range
0 - 0.5
Load Dock?
No

Originating Details

Originating System ID
ROAMM
Originating System Key
59779414
Originating System Listing ID
2577563
Originating System Name
ROAM Matrix

Sale/Lease Info

Lease Purchase
No

Remarks & Misc

Remarks
Value-Add Boutique Hotel | Expansion to 60 Keys Historic Rare opportunity to acquire a turn-key, income-producing 31-room boutique hotel located just steps from the French Quarter, with a clearly defined expansion path across five separate lots of record. Offering includes HDLC-approved plans for expansion and additional identified room conversions, creating significant upside potential and the ability to scale operations. Proposed expansion includes 18 additional rooms on the vacant parking lot (HDLC-approved), 7 additional rooms at 1001 Marigny Street (corner building--may alternatively be used for restaurant or commercial space or sold separately), and 4 additional rooms at 1005-07 Marigny Street, for a total potential of up to 60 rooms. Property zoning and configuration may permit alternative commercial uses, including drug and alcohol rehabilitation or a specialty residential treatment facility, which is a permitted use. Property eligible for historic tax incentives, including Federal Historic Tax Credits (20%) and Louisiana State Historic Tax Credits (25%), representing up to 45% of qualified rehabilitation expenditures, subject to program requirements and approvals. Depreciation provisions under the recently passed Big Beautiful Act may apply to qualifying improvements not eligible for historic tax credits, including specific new construction, interior build-outs, building systems, furnishings, equipment, and site improvements, subject to IRS rules and the buyer's tax situation.

More Information

Office/Member/Contract Info

List AOR
NOMAR

Property Type

Hotel/Motel
Yes
Medical
Yes
Restaurant
Yes

Landlord Pays

Building Insurance
Yes
Janitorial
Yes
Property Taxes
Yes

Property Features

Property Type: Hotel/Motel; Medical; Restaurant Landlord Pays: Building Insurance; Janitorial; Property Taxes
IDX
Listing Office: Parish Realty of Louisiana Inc
Last Updated: September - 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.