Ten years later the Asylum was sold to a Mr. Isaac Cole, who renovated it and returned it to its original function as a hotel, to accommodate 100 persons. It was popular among officers visiting the nearby Portobello Barracks (who would occasionally pop across South Richmond Street to the Grand Canal Tavern for a drink) and claimed it was the nearest hotel to the Royal Dublin Society grounds. However, it was slow in providing catering facilities – in 1871 a Rathmines businessman, in a letter to the Irish Times, lamented the absence of restaurants in the neighbourhood, and enjoined upon Mr. Cole to provide same, preferably a two-course meal for two shillings (the price to include beer and punch). In the 20th century the building became a nursing home.