Canal Street Automotive Investment Opportunity

4243 CANAL Street, New Orleans, LA 70119

View on Map

For Sale

$1,595,000

COMMERCIAL - New Orleans, LA

Property size:

4,906 SF

Lot size:

0.17 Acres

Price / SF:

$325/SF

HighLights

Prime location on historic Canal Street with high visibility and strong traffic counts.
Income‑producing property with lease in place through mid‑2031, including a scheduled rent increase in July 2026.
Functional layout with approximately 4,906 square feet, including office/retail space and a warehouse/work area.
Equipped with six bay doors for efficient vehicle access and workflow.
Includes 8 dedicated on‑site parking spaces, a valuable asset in the area.
Lease includes an $8,500 security deposit and potential for early termination, offering added owner leverage.

We can help!

Listing Contact

Brittany Picolo

For Sale

$1,595,000

COMMERCIAL - New Orleans, LA

Property size:

4,906 SF

Lot size:

0.17 Acres

Price / SF:

$325/SF

Added:: Jan 21, 2026
Days on Market:: 139
Last Refresh:: Jun 9 at 7:06 pm

Property Features for 4243 CANAL Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: HU-MU
Parking features: Garage
Standard status: Active
APN: 4243-CANALST
Size: 4,906 SF
Lot size: 0.17 Acres

Taxes and HOA fees

Tax Description: SQ 559 LOT 1-A-1 CANAL AND N HENNESSEY 57X120X100XVAR

Utilities

Water source: Public

Building Details

Year built: 1950
Floors in Building: 2

We can help!

Listing Contact

Brittany Picolo

Listing agent Brittany Picolo

Listing office Keller Williams Realty New Orleans 8601 Leake Ave., New Orleans, LA

Listing date Jan 21, 2026

MLS# 2538168

Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Prime location on historic Canal Street with high visibility and strong traffic counts.
Income‑producing property with lease in place through mid‑2031, including a scheduled rent increase in July 2026.
Functional layout with approximately 4,906 square feet, including office/retail space and a warehouse/work area.
Equipped with six bay doors for efficient vehicle access and workflow.
Includes 8 dedicated on‑site parking spaces, a valuable asset in the area.
Lease includes an $8,500 security deposit and potential for early termination, offering added owner leverage.

Overview

Located on Canal Street in New Orleans, this commercial property offers an opportunity for automotive operators, owner-users, or investors. The property has approximately 4,906 square feet, including 1,945 square feet of office and retail space across two levels, suitable for customer reception, administrative offices, or showroom use. The 2,960 square feet of warehouse/work area and storage is equipped with six bay doors for vehicle access and workflow. The site includes 8 dedicated on-site parking spaces. The property is subject to an existing lease running through mid-2031, providing income stability. A scheduled rent increase is set for July 2026. The lease includes an $8,500 security deposit. Early termination would release the tenant from approximately five remaining years on the lease. The property is located on a 0.173-acre lot. The property's layout is suited for automotive or service-oriented uses.

Property Profile Location Intelligence

Current Use by Public Records

Meineke Car Care ... Auto Repair Shop

Suggested Use

Similar Places Nearby

Enterprise Rent-A-Car — 4001 S Carrollton Ave, New Orleans, LA 70119
Cijis Auto — 415 N St Patrick St, New Orleans, LA 70119

Location Insight

Map
Local Demand

City: New Orleans
County: Jefferson
State: Louisiana
Longitude: -90.1027407
Latitude: 29.9764874

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For sale
Automotive properties
LA
New Orleans
70119
4243 CANAL Street

What type of property is this?

Automotive property - Income-producing commercial property on Canal Street with long-term upside.

Where is this automotive property located?

The property is located at 4243 CANAL Street New Orleans, LA.

What is the asking price?

The asking price for this property is $1,595,000.

What are key features of this property?

This property features: Prime location on historic Canal Street with high visibility and strong traffic counts.; Income‑producing property with lease in place through mid‑2031, including a scheduled rent increase in July 2026.; Functional layout with approximately 4,906 square feet, including office/retail space and a warehouse/work area.

4243 CANAL Street, New Orleans, LA 70119

COMMERCIAL - New Orleans, LA

Property Features for 4243 CANAL Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

New Orleans Commercial Opportunity

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

Mixed-Use Commercial & Residential Property

Renovated Duplex in New Orleans

Audubon Park Multifamily Investment Opportunity

Restored Victorian Bed & Breakfast

Owner-Occupy Duplex with Sunroom

Mixed-Use Building with Two-Unit Potential

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