For Sale
$1,600,000

3434 Canal St New Orleans, LA 70119

Prime Mid-City Office, Multi-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 6,099 sq ft, two-story Class B office building in New Orleans' Mid-City is available for $1,600,000. Located at 3434 Canal Street, on the corner of Canal and S. Clark, this property boasts a highly desirable location and significant potential for diverse commercial uses. The HU-MU zoning allows for flexibility in development, including office, multi-family, or retail ventures. The building features a full sprinkler system, an elevator, and is equipped with ADA-compliant ramps and features. A new roof, installed less than two years ago, ensures long-term cost savings. While currently vacant, the property offers off-street parking. This prime Mid-City location provides excellent visibility and accessibility. Note that this property is also available as part of a larger four-building package, including adjacent properties on Canal and S. Clark Streets. The 0.54-acre lot provides ample space for various development scenarios. The building's previous lease with the VA expired August 1, 2024, allowing immediate access for prospective buyers. This is a unique opportunity to acquire a versatile commercial property in a thriving New Orleans neighborhood. The asking price is $262.34 per square foot.

Highlights

  • 6,099 SF Class B office building in New Orleans' Mid-City, asking $1,600,000 ($262.34/SF).
  • Located at 3434 Canal Street (corner of Canal & S. Clark), with HU-MU zoning allowing for flexible commercial use.
  • Features include a full sprinkler system, elevator, ADA compliance, and a new roof (installed <2 years ago).
  • Offers off-street parking and excellent visibility in a prime Mid-City location.
  • 0.54-acre lot, currently vacant, and previously leased to the VA (lease expired August 1, 2024).

Property Details for 3434 Canal St

Property type
Office properties
Square Feet
6,099 SF
Class
B
Stories
2
Lot Size (sq. ft)
23,522 SF

Location Insight

City
New Orleans
County
Orleans Parish
State
Louisiana
Latitude
29.9705028
Longitude
-90.0952448

FAQs

What type of property is this?
Office property - Prime Mid-City Office, Multi-Use Potential
Where is the office property located?
The property is located at 3434 Canal St New Orleans, LA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 6,099 SF Class B office building in New Orleans' Mid-City, asking $1,600,000 ($262.34/SF).; Located at 3434 Canal Street (corner of Canal & S. Clark), with HU-MU zoning allowing for flexible commercial use.; Features include a full sprinkler system, elevator, ADA compliance, and a new roof (installed <2 years ago).
How can I contact the broker?
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3434 Canal St
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