3434 Canal StNew Orleans, LA 70119

Property Details for 3434 Canal St

Lot size

0.54 AC

Property size (Sq ft)

6,099 SF

Property type

Office properties

Property subtype

Other office properties

Description

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.

Location Insight

City

New Orleans

County

Orleans Parish

State

Louisiana

Latitude

29.9705

Longitude

-90.0952

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