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French Quarter Hotel Site

121 Royal St, New Orleans, LA 70130

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Overview

121 Royal is a 6,443 square foot development site located within a Qualified Opportunity Zone in the French Quarter of New Orleans. The property contains a 3,378 square foot clear vertical development site, and an 18,000+ square foot historic hotel building. Despite the enviable French Quarter location, the property enjoys permissive CBD-2 zoning that allows 12-stories / 120 foot massing, as well as hotel use as of right.

Permitted hotel site. Almost a $2,000,000 price reduction on purchase price. Strong hotel re-development platform with use of historic tax credits and opportunity zone benefits. Significant and impactful changes and developments in immediate neighborhood. Contact Broker for details.

Plans and full deal room available upon request.

For Sale

Hospitality
Sale Price
$4,875,000
Price Per SF
$260/SF
Building Size
18,749 SF
Acres
0.1815 ac
Zoning
CBD-2
Zoning Description
Historic Commercial And Mixed Use District
County
Orleans Parish
Listed
01/14/2026
Updated
01/14/2026
Listing ID
a718d0a0
Parcel APN
206103021