Canal Street hotel sold to Atlanta investor

The October 24, 2022 issue covers two commercial sales recorded across New Orleans and surrounding markets the previous week. The headline deal: FRANKLIN SB LLC, a local investment group, bought a two-unit, 6,898 SF retail property on 0.5 acres on Franklin Avenue in the Milneburg area. The week's other sale was the 153-unit Hotel Vinache and an adjacent parking lot on Canal Street in the Storyville area, bought by an Atlanta-based investment firm with the price withheld.

By ELIFIN® Source: ELIFIN transaction database

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2Commercial sales recorded
1Retail, the leading property type

Commercial Sales Recorded Last Week 2 sales

6201, 6207, 6211-6215 Franklin Ave, 2617 Allen Toussaint Blvd, New Orleans, LA 70122

6201, 6207, 6211-6215 Franklin Ave, 2617 Allen Toussaint Blvd

  • Retail
  • New Orleans

A two-unit retail property made up of 6,898 sq ft in usable space sitting on 0.5 acres in the Milneburg area has sold to a local investment group

BuyerFRANKLIN SB LLC

1208, 1300 Canal Street

1208, 1300 Canal Street

  • Hospitality

The Hotel Vinache property with 153 units and adjacent parking lot parcel along Canal Street in the Storyville area has sold to an Atlanta based investment firm

BuyerNF V NOLA LLC

Commercial Permits Issued Last Week 83 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
6600 Franklin AveNew Construction$8,213,500Building permits – for a multi story, storage facilityO Rouse Land Company LLCA VRE Storage New Orleans, LLCC —
1 Drexel DrElectrical Repair / Replacement / Addition$1,459,600The project is an interior renovation to a series of interconnected 3-story historic buildings on the Xavier University Campus with a type (b) business occupancy. The building construction type varies between IIB & IIIB. Intended work to be performed is an upgrade to the buildings mechanical systems with modifications to select ceilings within interior spaces, as well as the installation of a new fire sprinkler system. This project is related to a previously filed exterior renovation permit listed in the applicationRenovations odf Admin. Building including electrical work.O Xavier University of LouisianaA Blanchard TimothyC Blanchard Timothy
3440 S Carrollton Ave Bldg ARenovation (Structural)$406,400This is a structural repair permit. Fire damage occurred in April 2022 and plans submitted are for emergency repairs to the 2nd floor structural framing due to fire damage, and building envelope has been compromised due to warped roof panels and wall panels from heat exposure.O Public StorageincA Johann PalaciosC Johann Palacios, Mapp Construction LLC
601 Poydras St Ste 1700Renovation (Non-Structural)$401,517Interior renovation to include the demolition of interior walls and components and new construction of walls, millwork, and finishes.O Stirling 601 Poydras LLC, Pan American Lifeinsurance CA Greenleaf Lawson ArchitectsC Pangea Construction LLC
201 St Charles AveRenovation (Non-Structural)$380,505Re-roofing Second Floor Food CourtO 201 St Charles Place LLCA Sandra MennerC Bell Roofing Co Inc
8406 Palmetto StRenovation (Non-Structural)$295,828Detach solar panels. Complete re-roof asphalt comp. shingles. Reattach solar panelsO Cypress Manor 1 Limited PartnershipA Michele Arauz CastilloC Beinert Roofing Commercial Division LLC
423 Bourbon StRenovation (Non-Structural)$280,000Removal of existing roof slates and underlayment and install new underlayment and roof slates, inspect for any wood damage to the wood decking and replaced as needed. This process will need special equipment to lift materials and may possible need road traffic detail. Copper Flashings to be inspect and replaced as needed.O Hunter Properties LLCA Ryan AlbaradoC La Best
1430 Annunciation StRenovation (Structural)$248,160Framing Repairs for building 5 at The Saulet ApartmentsO Saulet Apts LLCA Camp Construction ServicesC Camp Construction Services
4206 Magazine StRenovation (Non-Structural)$220,000Renovation of old restaurant to new. Interior scope of work consists of reconfigured main bar, modified kitchen and updated ADA bathroom. Exterior consists of accessory canopy.O 4206 Magazine Street LLCA Seamus McGuireC NFT GROUP, LLC
1009 Elysian Fields Ave Ste CRenovation (Non-Structural)$211,842The scope of work consists of whiteboxe within an existing building for a future tenant. Suite C only. The whitebox includes new interior partitions, new concrete slab, MEP rough-ins, and the installation of RTUs as indicated in permit set.O St Claude Holdings LLCA Daniel FergC Ryan Gootee General Contractors
1100 Girod St, suite 101Mechanical Fuel Gas$192,000Install new gas line and hook up new kitchen equipmentO South Market District LLC, Idb – South Market District A1 Residential LLC, Idb – South Market District A1 Commercial LLCA Christopher R BurstC JOS R LABADOT Inc
7200 S Claiborne Ave -Apt 2BRenovation (Non-Structural)$191,247Renovation of 4 unit multifamily property with basement. Replacement of electrical, plumbing, HVAC and roof. Layout to stay the same. No structural changes will be made. Install drywall, trim, repair flooring and windows, install new cabinets and counters along with all electrical and plumbing fixtures.O Broadway Street Holdings LLCA Melissa ShafirovichC Cypress Coast Concepts LLC
3019 Canal StMoving Equipment$189,365Elevator ModernizationO Orleans Parish School BoardA A-1 Elevator Service LLCC A-1 Elevator Service LLC
715 Bourbon St, 717 BourbonRenovation (Non-Structural)$157,653715, 717, 719 New slate roofs, new flat roof, replace rotted handrail and bottom of one second floor post, repair damaged door panel, paint exterior, remove and replace the 2×12 and cove molding at the guttersO 715-17-19 Bourbon Street LLCA Sean KingC King Construction Services
1434 N Rampart StRenovation (Non-Structural)$125,880The renovation to a two story building at 1434 N. Rampart Street, New Orleans . The previous use of the building was believe to be a automotive upholstery shop, and then later becoming a medical center. The building has been vacant for 20 years and the proposed use would be a Art studio and Gallery, with an office on the ground floor. The building is located in the Historic Marigny/Treme/Bywater Commercial Districts/HMC-2, which permits the use of an Art Studio, Gallery, and Office under section 10.2.A in the New Orleans Comprehensive Zoning Ordinance.O Mantua LLCA Miwako HattoriC —
2856 S Claiborne AveRenovation (Structural)$105,858Interior remodel to existing McDonald'sO Mc Donald's CorpA Rios JasmineC —
1036 Broadway StMechanical HVAC$96,930Furnish and Install HVAC Equipment and Rough InO Administrators of The Tulane Educ FundA Ryan Michael JaegerC Ryan Michael Jaeger
4335 Elysian Fields AveRenovation (Structural)$79,600Re-Roof of Brother Martin School. ROOFING — 2-Ply Modified Bitumen Roofing System Specifications to install a Mule-Hide Modified Bitumen Roof System With Mechanically Fastened ISO Board with a 20 year NDL Warranty:O Elysian Fields Property CorpA Kraig Kucaba construction company LLCC —
4319 Carondelet StElectrical Repair / Replacement / Addition$78,655Rework lighting and outlets according to plansO Junior League Of N O IncA Christopher Jake LabordeC Christopher Jake Laborde
4848 Coliseum StRenovation (Non-Structural)$72,600Remove and replace modified bitumen roofO Beth Costello Monahan, Michael F Sullivan, Rush Lane Nicholas SR, Stephen L Philipson, Roy I Seinfeld, Mary B Saltarrelli, Manuel V Guzman-Garrow, Richard H Raborn, William H Page, Gerald M Spedale, William J III Kelly, Joseph C Buccino Tracy A BerenA Claremont Property CompanyC Claremont Property Company
632 Bourbon StRenovation (Non-Structural)$60,515Correction of VCC violationsO Holdingsllc QuarterA Architects Rozas WardC Hermanos Rivera Construction LLC
819 Conti StRenovation (Non-Structural)$60,000emergency roof replacement of flat roof white TPO to flat roof light gray TPO. Vegetation on roof and walls to be killed and removed in preparation for stucco and mortar repair to be addressed in later permit.O 819 Conti LLCA Gates ErikaC Jake Garofalo
1139 Washington Ave Apt 2ARenovation (Non-Structural)$59,500Renovation of interior including mechanical, electrical, plumbing, sheetrock cabinets, flooring, add bathroomO Tammy B MercierA Mercier TammyC —
326 Chartres StRenovation (Non-Structural)$55,000Exterior renovation and restoration. Removal of items that are not in compliance with VCC standards. Interior lintel and brick work only. All other interior work will require a separate permit. ALL WORK TO BE DONE AS PER PLANS.O 326-30 Chartres St LLCA John DauerC —
6324 Chef Menteur Hwy Ste 102Renovation (Non-Structural)$40,000Change of use from a WHITE BOX to RECEPTION FACILITYO 6400 Chef Menteur LLCA Javonn HardenC John Williams
225 Bourbon StRenovation (Non-Structural)$38,295EXTERIOR 2ND FLOOR BALCONY & 1ST FLOOR GALLERY DECKING REPLACEMENT ONLY.O 225 Bourbon Street LLCA Myles MartinC Tuna Construction LLC
801 Carondelet StRenovation (Non-Structural)$34,500Installing new shingle roof.O Marion Gardiner LaughlinA Don SchwanderC Schwander Hutchinson Roofing, Inc.
3900 Desire PrkwyRenovation (Non-Structural)$34,500Replace a portion of a wall that was damaged during Hurricane Ida at the RTA Bus Wash Station. Plan drawings are attached. The structure 'as is' stands structurally sound.O Regional Transit AuthorityA Carter BryantC —
1425 N Broad StRenovation (Non-Structural)$31,725We are removing an old drive up teller window for Chase Bank and then installing a new thru the wall ATM.O National Americanbank of N OA Implementation Solutions Services IncC —
2005 Baronne StMechanical HVAC$30,600Replace existing mechanical equipment with new.O Nathan R DebordA Bernard Ory, IIIC Bernard Ory, III
4600 Magazine StMechanical HVAC$24,604remove & replace (2) 5 ton package units with 17.4 kw eachO 4600 Magazine Street LLCA Kim GuzmanC —
5710 General Haig StMechanical HVAC$22,150Range Hood InstallationO New Orleans Fire Fighters Local 632 BldgA Patrick Campo JrC Patrick Campo Jr
3611 General Meyer AveRenovation (Non-Structural)$17,772Front facade renovation per submitted planO Aaa Ice LLCA Ryan MayerC Mayer Building Company LLC
1124 S Carrollton AveElectrical Service / Circuit / Feeder$15,000Adding 22 Circuits for nail salonO Connecting Express LLCA Hai Du NguyenC Hai Du Nguyen
434 Dauphine St, 434-436 DauphineRenovation (Non-Structural)$15,000Sam Freeman, our masonry contractor, has requested we pull a non-structural permit to make repairs to the bricks and mortar on our Creole cottage on Dauphine. Bricks will be evaluated and restored with salvaged lake bricks to match existing, if required. We hope to do minimal repairs and preserve as much of the original bricks and mortar as possible. Some stucco will need to be repaired as part of the process.O Alvin W Lacoste, Christian J GarrisA M Garris BrandiC Samuel D Freeman 3
604 Jena StMechanical HVAC$9,000system change out air conditioning.O Janina JeffA Abukhalil AbdelraziqC —
600 Jena StMechanical HVAC$7,500system change out air conditioningO Janina JeffA Abukhalil AbdelraziqC —
1901 N Claiborne AveRenovation (Non-Structural)$5,000Repair fire damage, change some electrical wires, sheetrock and paint per sketch. NO USE AND OCCUPANCY – REPAIRS ONLYO Another Level Bar & GrillA McCoy LeroyC —
601 Chartres StRenovation (Structural)$5,000emergency replacement of shoring with engineer designed temporary shoring.O Apasra Properties LLCA Bob EllisC —
5106 Danneel StMechanical HVAC$4,800Install 3 ton gas heater and a/c evaporator coilO Restoration III L L C NolaA Kenny D PefferC Kenny D Peffer
2517 Conti StElectrical Repair / Replacement / Addition$3,500Add can lights and replace breaker boxO Colin J VanwingenA Christopher Robert HokeC Christopher Robert Hoke
6324 S Johnson StConstruction Loop$3,400Permit – temp poleO 488 Holdings LLCA Jesse Earl Carr Sr.C Jesse Earl Carr Sr.
1622 Magnolia StMechanical Fuel Gas$2,634install new gas line to supply stove water heater dryer furnace and will install new 30 gallon water heaterO Sf-Nola Opportunity Fund 2 LLCA Dean WaltersC —
1036 Broadway StMechanical Fuel Gas$2,000Gas line to 1-RTU and 1-Water HeaterO Administrators of The Tulane Educ FundA Wesley Gray WilliamsC Pangea Construction LLC
2240 Simon Bolivar AveElectrical Repair / Replacement / Addition$1,250repairs; installed new meter stem; install new wiring to stem; NO NEW EQUIPMENTO Lishe Enterprises LLCA Barry Joseph SorrellC Barry Joseph Sorrell
4417 S Tonti StMechanical Fuel Gas$1,000Extend gas service for existing building/fixtures to allow for home to be raisedO Charlene B StampsA Kevin J MonvoisinC —
1753 St Charles AveElectrical Repair / Replacement / Addition$750EMERGENCY RECONNECTO St Charles StreetpartnershipA A. Cleveland A Francois Jr AC A. Cleveland A Francois Jr A
1416 Jena StMechanical Fuel Gas$550Out over 6 monthsO Konstantin GinzburgA Kelly O JazzmondC —
824 Orleans AveElectrical Repair / Replacement / Addition$500Reattach existing service. NO NEW EQUIPMENT OR CIRCUITRYO 820 Orleans Ave LLCA Barry Joseph SorrellC Barry Joseph Sorrell
4503 Prytania StMechanical Fuel Gas$500Meter separationO Suman Gupta Retirment LLCA Stephen A Schulz, Jr.C —
2621 Hollygrove StMechanical Fuel Gas$500out over six monthsO Dorothy Mae Willis WallaceA Kelly O JazzmondC —
601 S Norman C Francis PrkwyConstruction Loop$500Temp pole for construction use.O Young Womens Christian AssociationA Paul E. Herkes IVC Paul E. Herkes IV
8715 Edinburgh StElectrical Vacancy$4506 month vacant and repairsO Ruffin Development Corp LLCA Eugene J Lawrence Jr.C Eugene J Lawrence Jr.
2524 Ursulines AveMechanical Fuel Gas$450meter out over 6 months – gas testO Lmc-Smm Ventures LLCA Horace Bynum, Jr.C —
2522 Ursulines AveMechanical Fuel Gas$450meter discrepancyO Lmc-Smm Ventures LLCA Horace Bynum, Jr.C —
3323 Loyola Ave Apt 1BElectrical Vacancy$400vacancyO Paul T MaloneyA Stanford Vanderlee EbanksC Stanford Vanderlee Ebanks
3323 Loyola Ave HMElectrical Vacancy$400vacancyO Paul T MaloneyA Stanford Vanderlee EbanksC Stanford Vanderlee Ebanks
2635 Touro StElectrical Vacancy$400Vacancy inspectionO Ryan FitzsimmonsA Ronald E. BellaciC Ronald E. Bellaci
2831 Fourth StConstruction Loop$365construction loopO Naw Investments LLCA Exilus Louis Sr.C Exilus Louis Sr.
3027 Monroe StConstruction Loop$300Installation of temporary construction poleO The Finance Authority of New OrleansA Francis Ronald JouandotC Francis Ronald Jouandot
201 Magazine St, 203 Magazine St, 201 Magazine St FIRE PUMP, 201 Magazine St HMChange of Address N/AN/A22-13186-RNVN Hotel See Table for details KEEP 201 Magazine St ADD 203 Magazine St (AM11718749) ADD 201 Magazine St FIRE PUMP (AM11718364) ADD 201 Magazine St HM (AM11718750) RETIRE: 201 Magazine St Apts 201-207, 301-307, 401-407, 501-507, 601-607, 701-703O 201 Magazine Properties LLCA 201 Magazine Properties LLCC —
5301 St Claude AveDemolition N/AN/ADemolish Vacant commercial structure to grade.O Ministries PhiladelphiaA Louisiana Trashit LLCC Bernard Sanderlin
3609 Milan StElectrical Service / Circuit / Feeder N/AN/AReplace bad meter pan w/ burned lugsO Constance E ScieneauxA Charles J Davis SrC Charles J Davis Sr
5701 St Claude AveDemolition N/AN/Atotal demolitionO Lower 9th Ward Neighborhood Empowerment NetworkA James JonesC JLJ Electrical And A/C dba JLJ Construction LLC
927 Toulouse St -Apt 302Change of Address N/AN/A22-08037-RNVN Multi-Family CHANGE 927 Toulouse St Apt 1 to 927 Toulouse St Apt 101 (AM12171469) CHANGE 927 Toulouse St Unit 2 to 927 Toulouse St Apt 201 (AM1161742) CHANGE 927 Toulouse St Unit 3A to 927 Toulouse St Apt 301 (AM12171467) CHANGE 927 Toulouse St Unit 3B to 927 Toulouse St Apt 302 (AM12171468) CHANGE 927 Toulouse St Unit 4 to 927 Toulouse St Apt 102 (AM12171467) CHANGE 927 Toulouse St Unit 5 to 927 Toulouse St Apt 103 (AM12171466) CHANGE 927 Toulouse St Unit 6 to 927 Toulouse St Apt 104 (AM12171506)O Toups Family Investment Company LLCA Toups Family Investment Company LLCC —
6500 Magazine StElectrical Service / Circuit / Feeder N/AN/AUpgrade panelsO Commission Audubon, The City of New OrleansA Troy M CastilleC Troy M Castille
1410 Elysian Fields Ave Apt A, 1410 Elysian Fields Ave Apt B, 1410 Elysian Fields Ave Apt C, 1410 Elysian Fields Ave, 1412 Elysian Fields AveChange of Address N/AN/A22-31125-EVAC Three to Four Family CHANGE 1410 Elysian Fields Ave to 1410 Elysian Fields Ave Apt A (AM11183207) CHANGE 1412 Elysian Fields Ave to 1410 Elysian Fields Ave Apt B (AM10256876) CHANGE 1412 Elysian Fields Ave Apt A to 1410 Elysian Fields Ave Apt C (AM10256873)O Gmmwf LLCA Gmmwf LLCC —
730 St Philip St -Unit DChange of Address N/AN/A22-30636-RNVS Three to Four Family KEEP 730 St Philip St Unit A KEEP 730 St Philip St Unit B KEEP 730 St Philip St Unit C ADD 730 St Philip St Unit D (AM12169274)O Arthur H Hale, Tricia F Peterson, Amanda Noland Inzer Investment Trust Lester L Langley Jr – Trustee, Shirley Smith 2014 Irrevocable TrustA Arthur H HaleC —
4125 Leavell LnMechanical Fuel Gas N/AN/ARenovate kitchen, provide gas lines to new kitchen equipment locations.O N O Baptist Theological SeminaryA Ray TorresC Ray Torres
530 Powder StElectrical Service / Circuit / Feeder N/AN/AFile for final electrical inspectionO 530 Powder LLCA Elliott Joseph JenkinsC Elliott Joseph Jenkins
3217 St Ann StMechanical Fuel Gas N/AN/ATest and repair leak. File for entergy turn off.O Theresa B OdomA Ronnie C CrosbyC —
2629 Baronne StMechanical Fuel Gas N/AN/ATest and repair leak for entergy turn off.O Sunrise Holding Company LLCA Ronnie C CrosbyC —
2627 Baronne StMechanical Fuel Gas N/AN/ATest and repair entergy leaks.O Sunrise Holding Company LLCA Ronnie C CrosbyC —
2846 Baronne StMechanical Fuel Gas N/AN/AOut over 6 months.O James AdamsA Ronnie C CrosbyC —
347-349 Verret StChange of Address N/AN/A22-30764-RNVS Business Use KEEP 347 Verret St RETIRE 349 Verret StO Troy A CarterA Troy A CarterC —
226-228 Bourbon StChange of Address N/AN/A22-02154-RNVS business address retire secondary address RETIRE 228 Bourbon St ADDRESS OF RECORD: 226 Bourbon StO Royal Blue Bourbon LLCA Tin Roof New Orleans, LLCC —
16750-16950 Chef Menteur HwyChange of Address N/AN/ASD133-22 Resubdivision of Lotss 55 – 62 in Section A, Parcel 5 and bounded by Chef Menteur Hwy, into new lots 56A, 59A, 61A, and 62A KEEP Addresses for LOTS LOT56A: 16750 Chef Menteur HWY LOT59A: 16800 Chef Menteur HWY LOT61A: 16900 Chef Menteur HWY LOT62A: 16950 Chef Menteur HWYO Binh Do, Big Boy Distributor LLCA Binh DoC —
129 Camp StRenovation (Non-Structural) N/AN/AWe are applying for change of use from vacant space to restaurant space. It was a restaurant until 2019. It has been closed since then. We need to convert it back to restaurant with this permit then we will apply for an occupational license. NO WORK TO BE DONE UNDER THIS PERMIT.O Risna LLCA Hasan ErgenC —
1560 Tchoupitoulas StFloat N/AN/A15 floats for Kern Studios for parade on Friday 10/21/2023O Richard Tchoupitoulas LLCA Merritt Dutch LandryC —
4735 Carondelet StMechanical Fuel Gas N/AN/ARun 70 3/4 gas line from generator to existing meter.O Arnaldo PartesottiA Joey HickeyC Joey Hickey
2225-2275 Sanctuary DrChange of Address N/AN/AResubdivision of Lot 1 in Square 509, Federal City, Fifth Municipal District and bounded by Santuary Drive, Hebert Street, Coral Sea Street, and O'Bannon Street into Lots 1A and 1B. KEEP 2275 Sanctuary Dr (LOT 1A) ADD (LOT 1B) 2225 Sanctuary DrO Constance M SelicoA Algiers Development DistrictC —
4011 Erato St Apt 1A-Apt 2AChange of Address N/AN/Aupdate addresses to standards. Change 4011 Erato St Apt A to 4011 Erato St Apt 1A (AM10827248) Change 4011 Erato St Apt B to 4011 Erato St Apt 2A (AM10827298) Change 4011 Erato St Apt C to 4011 Erato St Apt 1B (AM10827297)O Valentine A FordeA Valentine A FordeC —
1017 Esplanade Ave Unit 2Bicycle Registration N/AN/APurple Tire Valves Mountain BikeO Charles C Michaels, John E Gail Smith Hermann, Ronald Nelson, Rodney Thomas WilliamsA Ron NelsonC —
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