Norman Mayer Building

Hospitality for Sale
Also listed as Office, Multi-Family
Catylist Listing ID: 30831720
Property Subtypes: Hotel
Building Status: Proposed
Number of Units: 15 Units
Building Size (RSF): 36,631 SF
Gross Building Area: See Agent
Gross Land Area: 6,650 SF
Sale Price: $5,500,000
Unit Price: $366,666.67 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/15/2024

Overview / Comments

This six-story, architecturally significant building is part of the former Hancock Whitney Complex and offers a redevelopment opportunity as a hospitality use. The building presently has 7 levels and must be "separated" from the main complex. Two other buildings in the Whitney complex are also offered for sale.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 105101211
Zoning: CBD-1
Property Located Between: Gravier & Common Streets
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 6

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,229 183,687 402,408
Median Age: 41.36 35.89 36.92
Households: 8,786 80,684 168,988

Contact

Photograph of Listing Agent

Robert E Talbot

Talbot Realty Group New Orleans, LA 70130
LACDB Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Moody's assume any liability for errors or omissions.