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Canal Street Leased Office Building

4164 Canal St, New Orleans, LA

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For Sale

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Leased office building on Canal Street with storage.

Type:OFFICE

Property size:

3,878 SF

Lot size:

0.14 Acres

Price / SF:

$206/SF

HighLights

Fully leased property provides immediate rental income.
Prime location on Canal Street near Carrollton Avenue offers excellent accessibility.
Convenient access to the streetcar line, major bus stops, and I‑10.
Proximity to the Medical District, CBD, City Park, and Mid‑City Market.
First and second floors are configured as office space.
Includes a detached rear storage building.

We can help!

Listing Contact

Andrea A Huseman, CCIM

For Sale

Contact for pricing

Leased office building on Canal Street with storage.

Type:OFFICE

Property size:

3,878 SF

Lot size:

0.14 Acres

Price / SF:

$206/SF

Added:: Nov 4, 2025
Days on Market:: 221
Last Refresh:: May 20 at 9:42 pm

Property Features for 4164 Canal St

General Information

Standard status: Active
Size: 3,878 SF
Lot size: 0.14 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Andrea A Huseman, CCIM

Listing agent Andrea A Huseman, CCIM

Listing office Corporate Realty - Canal Place

Listing date Nov 4, 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 - Canal Place

HighLights

Fully leased property provides immediate rental income.
Prime location on Canal Street near Carrollton Avenue offers excellent accessibility.
Convenient access to the streetcar line, major bus stops, and I‑10.
Proximity to the Medical District, CBD, City Park, and Mid‑City Market.
First and second floors are configured as office space.
Includes a detached rear storage building.

Overview

The property is fully leased, with office space on both the first and second floors. A non-air conditioned storage room is located in a detached rear building; this space is included in the sale but is not part of the rentable area. Situated on Canal Street near Carrollton Avenue, the property benefits from convenient access to the streetcar line and major bus stops. Its location also provides easy access to I-10, the Medical District, the Central Business District, City Park, and Mid-City Market. The property size is 3878 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$88.4k	$22.80
− Vacancy	−$12.2k	−$3.15
EGI	$76.2k	$19.65
− OpEx	−$19.1k	−$4.91
NOI	$57.2k	$14.74

3,878 SF · lease $22.80/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$816.6K

$714.5K – $952.7K (±1% cap)

NOI $57,162 @ 7.0% cap · market cap 7.15%

Second Best

—

no second resolved use

Theoretical Best

Office A

$985.7K

$862.5K – $1.15M (±1% cap)

NOI $68,996 @ 7.0% cap · market cap 8.62%

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

Property Profile Location Intelligence

Current Use by Public Records

harrison law & associates, ... Consultant

Suggested Use

Location Insight

Map
Local Demand

City: New Orleans
County: Jefferson
State: Louisiana
Longitude: -90.1022
Latitude: 29.9752

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What type of property is this?

Office building - Leased office building on Canal Street with storage.

Where is this office building located?

The property is located at 4164 Canal St New Orleans, LA.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Fully leased property provides immediate rental income.; Prime location on Canal Street near Carrollton Avenue offers excellent accessibility.; Convenient access to the streetcar line, major bus stops, and I‑10.

4164 Canal St, New Orleans, LA

Leased office building on Canal Street with storage.

Property Features for 4164 Canal St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Canal Street Automotive Investment Opportunity

Mixed-Use Live/Work Building

Gutted Warehouse with Office

Historic Ground-Floor Office Space

Updated Duplex with Off-Street Parking

Turnkey New Construction Duplex

Uptown New Orleans Multi-Family Property

Historic Mixed-Use Building, New Orleans

Converted Triplex with Dual Driveways

Mixed-Use Commercial & Residential Property

Renovated Duplex in New Orleans

Restored Victorian Bed & Breakfast

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