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125 Royal St

Central Business District, New Orleans, LA
Total Size
18,749 sqft
Year Constructed
Year Renovated
Building Class

About 125 Royal St

This property consists of a 17,478 SF, 5-story former hotel building fronting on Royal Street, a courtyard area and a 1,271 SF, 2-story boiler buiding located on the rear property line. The Seller had plans to build a hotel by renovating the existing structure fronting Royal Street and building a tower on the rear portion of the site. The site is ideal for a hotel or condominium development opportunity. The property brochure is an attachment so please download if you need more information. - Number of units: 100

Internet Providers for 125 Royal St

Provider Technology Max Download Speed Max Upload Speed
MegaPath Corporation DSL
50 Mb/s
50 Mb/s
AT&T Louisiana DSL
25 Mb/s
1.5 Mb/s

The Neighborhood: Central Business District

On average, listings lease in the $20's per square foot per year. The Central Business District submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.

Compared to the rest of the Greater New Orleans Region market, the Central Business District submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Central Business District $24
Median Rate Median Size
Greater New Orleans Region $23

Median Rate over Time in Central Business District