The Anchor Hotel was located on Canal Sreet (2nd street extension), right next to the Bingaman Street Bridge. This photo was taken from the Bingaman Street Bridge, looking Northeast. Notice Berks Packaging in the background. Currently where the hotel sat is Canal St as it splits when it goes under the bridge. I assume this structure was damaged during Hurricane Agnes in 1972 and needed to be razed. If you have any more info feel free to drop it in the comments.
The Anchor Hotel