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427 Gravier Street New Orleans, LA $ 2,500,000
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$ 2,500,000 Get more info
427 Gravier Street
$ 2,500,000
Back to search
Share Save

427 Gravier Street

New Orleans, LA, 70130
$ 2,500,000
Bedrooms-- Baths-- Sq 6,428

Monthly Estimate*

$ 15,597

427 Gravier Street, New Orleans, LA 70130 - Image 1
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Commercial Property for sale in New Orleans, LA

for $2,500,000. This 6,428 square foot building was built in 1880 on a lot size of 0.0597.

427 Gravier presents an excellent investment opportunity. This permitted hotel property features six 2-bedroom, 2-bath units, each equipped with modern kitchens and laundry facilities. Renovated in 2019 with high-end finishes, this turnkey operation is situated in a prime location—just steps away from the French Quarter, Caesar's Hotel & Casino, and all the attractions of downtown and the Central Business District. Additional financial information available upon request.

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Commercial Contingent

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.0597

Year Built

1880

Town/City

New Orleans

County/Region

Orleans

MLS | Web ID

2523258
Features
General
Sewer Public Sewer
Zoning CBD-2
Security Features Fire Sprinkler System
Construction Materials Metal Siding Concrete
Year Built 1880
Stories Count 3
Levels Three Or More
Accessibility Accessibility Features
County Orleans
Property Type Commercial Sale
Total Rooms 0
Full Baths 0
Status Active Under Contract
City New Orleans
Structure Type Hotel/Motel
Standard Status Active Under Contract
Legal Description SQ 132 LOT 23 OR 24A GRAVIER 19' 9'' X 64' 6'' LOT 24 OR 24A GRA VIER 20' 1'' X 64' 6'' PURCH REMAININ 75%
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Exterior
Parking Features None
Lot Features City Lot Rectangular Lot
Water Source Public
Lot Size Area 0.0597
Building Area Total 6781
Lot Dimensions 2584
Lot Size Acres 0.0597
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Interior
Half Baths 0
Total Bedrooms 0
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* Excluded Features
List By
Reve, Realtors

Broker

logan@reverealtors.com

Email

Affordability Calculator

$15,597
Per Month
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Monthly Principal & Interest
$15,597
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
476401 Elementary School
475975 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/24/2025$2,500,000 Listed Price

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427 Gravier Street, New Orleans, LA, 70130 is a Commercial Property for sale at $2,500,000 with 6,428 sqft and a lot size of 0.0597. 427 Gravier Street was built in 1880. The property's zip code is 70130 which is in New Orleans, LA

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