3426 Canal St, New Orleans, LA 70119
ADA-accessible office building with sprinkler system and flexible HU-MU zoning on Canal Street streetcar line.
- Added:
- Jun 1, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 6 at 2:55 am
Property Features for 3426 Canal St
General Information
- Standard status
- Active
- Size
- 2,963 SF
- Property subtype
- Office
Listing agent Martin O. Miller III License #LA 0000021994
Listing office Southeast Commercial Real Estate (504) 339-2136
Listing date Jun 1, 2026
Source Crexi
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HighLights
- 2,963 SF office building on Canal Street in Mid‑City New Orleans
- Located on the Canal Street streetcar line with ADA‑compliant access, including an ADA ramp
- Full sprinkler system in place
- Terracotta roof installed after Hurricane Katrina
- Recently replaced sewer line
- HU‑MU (Historic Urban Mixed‑Use) zoning allows for a range of office, professional, and commercial uses
Overview
Located in the heart of Mid-City New Orleans, the building sits on Canal Street directly on the streetcar line. This setting provides strong visibility and practical accessibility for a mix of professional office users and nearby neighborhood amenities.
Zoned HU-MU (Historic Urban Mixed-Use), the property offers flexibility for a range of office, professional, and commercial uses. For tenants, it presents an office-ready environment with key building systems in place, along with ADA accommodations that can simplify workplace access. For buyers, the HU-MU zoning classification can support ownership strategies aligned with office or commercial occupancy within the broader mixed-use framework described for this site.
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 | $71.1k | $24.00 |
| − Vacancy | −$12.4k | −$4.20 |
| EGI | $58.7k | $19.80 |
| − OpEx | −$14.7k | −$4.95 |
| NOI | $44.0k | $14.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0951358
- Latitude
- 29.9703786
