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$ 12,900,000
Est. payment | /mo
96,000 SqFt
$ 12,900,000
Est. payment | /mo
96,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 96,000 sqft
Price per Sqft $134
MLS Listing ID 2505429
HOA Y/N No
Year Built 1959
Property Description
Seize the opportunity to acquire a 193-room hotel strategically located in the heart of Metairie, just minutes from the New Orleans Airport, French Quarter, and major demand drivers. This prime property offers significant upside through renovation and rebranding potential, with strong in-place cash flow supported by a long-term IHOP lease. Structure could also be used for medical, assisted living, or storage facility. Numerous possibilities in a high visibility and accessible location. Call today for more information.
Location
State LA
County Jefferson
Community Common Grounds/Area
Zoning BC2
Interior
Fireplace No
Exterior
Parking Features Off Street
Community Features Common Grounds/Area
Water Access Desc Public
Building
Lot Description 1 to 5 Acres, City Lot, Oversized Lot
Dwelling Type Hotel/Motel
Sewer Public Sewer
Water Public
Others
Tax ID 0820017883A
Security Features Fire Sprinkler System
Special Listing Condition None
Listed by TAG Realty LLC
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