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$ 1,595,000
Est. payment | /mo
4,518 SqFt
$ 1,595,000
Est. payment | /mo
4,518 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,518 sqft
Price per Sqft $353
MLS Listing ID 2490443
HOA Y/N No
Year Built 1900
Lot Size 0.438 Acres
Acres 0.4379
Property Description
CAMPECHE BED & BREAKFAST - PRIME INVESTMENT OPPORTUNITY IN BAYOU ST. JOHN
Welcome to Campeche, a charming and versatile 8-unit bed & breakfast in the highly sought-after Bayou St. John neighborhood of New Orleans. This unique hospitality asset presents an outstanding investment opportunity for an operator or developer looking to maximize its potential. With individually appointed guest suites, strong zoning flexibility, and opportunities for repositioning, Campeche offers multiple paths for revenue growth and expansion.
TURNKEY WITH VALUE-ADD POTENTIAL
Each of the 8 guest suites features private exterior egress/ingress, a wet bar, a private bathroom, and a living area (except for one studio unit). One unit is ADA-compliant. The property was fully renovated in 2015, with updates designed to enhance guest comfort while maintaining the historic character of the building.
Campeche is currently operating as a short-term rental. A seasoned operator could implement dynamic pricing strategies, introduce enhanced guest services, and elevate the property's brand to increase ADR and occupancy.
EXCEPTIONAL LOCATION & MARKET APPEAL
Located in Bayou St. John, Campeche is within walking distance of City Park, the New Orleans Fairgrounds (home of Jazz Fest), and popular dining and entertainment venues. This high-demand area continues to attract both tourists and long-term residents, making it an ideal investment for hospitality or residential repositioning.
Welcome to Campeche, a charming and versatile 8-unit bed & breakfast in the highly sought-after Bayou St. John neighborhood of New Orleans. This unique hospitality asset presents an outstanding investment opportunity for an operator or developer looking to maximize its potential. With individually appointed guest suites, strong zoning flexibility, and opportunities for repositioning, Campeche offers multiple paths for revenue growth and expansion.
TURNKEY WITH VALUE-ADD POTENTIAL
Each of the 8 guest suites features private exterior egress/ingress, a wet bar, a private bathroom, and a living area (except for one studio unit). One unit is ADA-compliant. The property was fully renovated in 2015, with updates designed to enhance guest comfort while maintaining the historic character of the building.
Campeche is currently operating as a short-term rental. A seasoned operator could implement dynamic pricing strategies, introduce enhanced guest services, and elevate the property's brand to increase ADR and occupancy.
EXCEPTIONAL LOCATION & MARKET APPEAL
Located in Bayou St. John, Campeche is within walking distance of City Park, the New Orleans Fairgrounds (home of Jazz Fest), and popular dining and entertainment venues. This high-demand area continues to attract both tourists and long-term residents, making it an ideal investment for hospitality or residential repositioning.
Location
State LA
County Orleans
Community Common Grounds/Area
Zoning HUMU
Interior
Fireplace No
Exterior
Parking Features None
Community Features Common Grounds/Area
Water Access Desc Public
Accessibility Accessibility Features
Building
Lot Description City Lot, Oversized Lot
Dwelling Type Hotel/Motel,Mixed Use,Other
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Tax ID 207200501
Special Listing Condition None
Listed by Talbot Realty Group
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