6,428 SqFt
2,600 Lot Size
1880 Year Built

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.

Listed by REVE, REALTORS , Sold By REVE, REALTORS

GALLERY

PROPERTY DETAIL

Key Details

Sold Price $2,475,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6, 428 sqft
Price per Sqft $385
MLS Listing ID 2523258
Sold Date 12/23/25
HOA Y/N No
Year Built 1880
Lot Size 2,600 Sqft
Acres 0.0597
Location

State LA
County Orleans
Zoning CBD-2
Building

Lot Description City Lot, Rectangular Lot
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More

Interior

Fireplace No
Exterior

Parking Features None
Water Access Desc Public
Accessibility Accessibility Features
Others

Tax ID 105100715
Security Features Fire Sprinkler System
Financing Seller Financing
Special Listing Condition None