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    New Orleans Office Building Title is generated by Realmo AI

    2609 Canal St, New Orleans, LA

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    Office building for sale in New Orleans, Louisiana.

    Type:OFFICE
    Property size:
    26,055 SF
    Lot size:
    1.50 Acres
    Price / SF:
    $169/SF
    Added:
    Nov 27, 2025
    Days on Market:
    194
    Last Refresh:
    Apr 5 at 10:20 pm

    Property Features for 2609 Canal St

    General Information

    Standard status
    Active
    Size
    26,055 SF
    Lot size
    1.50 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    Bennett K Davis
    Bennett K Davis

    Listing agent Bennett K Davis License #0000046334

    Listing office Corporate Realty - Main Office

    Listing date Nov 27, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Corporate Realty - Main Office

    HighLights

    • Office building for sale.
    • Located in New Orleans, Louisiana.

    Overview

    This office building, located in New Orleans, Louisiana, offers 26,055 square feet of space. The property is suitable for office use.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $594.1k $22.80
    − Vacancy −$82.0k −$3.15
    EGI $512.1k $19.65
    − OpEx −$128.0k −$4.91
    NOI $384.1k $14.74
    26,055 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $5.49M
    $4.80M – $6.40M (±1% cap)
    NOI $384,056 @ 7.0% cap · market cap 8.70%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $6.62M
    $5.79M – $7.73M (±1% cap)
    NOI $463,562 @ 7.0% cap · market cap 10.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Blood Center (Business ... Medical Laboratory PrepaidOnline.com Corporate Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Orleans
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.086
    Latitude
    29.965

    FAQs

    What type of property is this?
    Office building - Office building for sale in New Orleans, Louisiana.
    Where is this office building located?
    The property is located at 2609 Canal St New Orleans, LA.
    What is the asking price?
    The asking price for this property is $4,415,000.
    What are key features of this property?
    This property features: Office building for sale.; Located in New Orleans, Louisiana.
    (504) 581-5005 Call to check price and availability
    More about this property
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