For Sale
$750,000

2623 Canal StNew Orleans, LA 70119

Prime New Orleans location, high-traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.2-acre commercial land parcel presents a remarkable development opportunity in the heart of New Orleans. Located at 2623, 2625, and 2629 Canal Street, this property boasts 113 feet of frontage on the iconic Canal Street and approximately 157 feet of depth. Its strategic position adjacent to the bustling intersection of Canal and Broad Streets ensures high visibility and accessibility. The property comprises three parcels totaling approximately 17,748 square feet. The HU-MU zoning designation allows for a diverse range of uses, including medical facilities, restaurants, office spaces, and residential developments, providing significant flexibility for potential investors. This prime location, combined with the versatile zoning and substantial lot size, makes this an unparalleled investment prospect in a vibrant and rapidly growing market. All offers are subject to the approval of the Walgreens Real Estate Committee. The asking price for this exceptional property is $750,000, representing a land value of $1,840,771 per acre. This presents a unique chance to acquire a significant piece of New Orleans real estate in a highly desirable area.

Highlights

  • 0.2-acre commercial land parcel in prime New Orleans location.
  • 113' of frontage on Canal Street and approximately 157' deep.
  • Three parcels totaling approximately 17,748 square feet.
  • HU-MU zoning allows for diverse uses including medical, restaurant, office, and residential.
  • Asking price: $750,000.

Property Details for 2623 Canal St

Property type
Land
Lot Size (sq. ft)
8,712 SF

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9644093
Longitude
-90.0854532
2623 Canal St, New Orleans, Louisiana

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2623 Canal St
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