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

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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


Photograph of Listing Agent

Robert E Talbot

Talbot Realty Group New Orleans, LA 70130
LACDB Member
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