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Canal Street Retail Development Opportunity
For Sale
$123,456

730/32/38 Canal Street, New Orleans, LA 70130

Three contiguous buildings on Canal Street in New Orleans.

Property Size12,345 SF
Price / SF$10
Days on Market251

Property Features for 730/32/38 Canal Street

General Information

Standard status Active
Size 12,345 SF
Property subtype Retail
Listing Agency:
Listed By: Schaffer Mickal · License ##995702343
Source: Naiglobal
Added: Nov 21, 2025 Changed: Jul 6 Last Checked: May 8 at 11:29PM

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 Schaffer Mickal

Investment Insights

Based on property information with market context.

This is an outstanding development opportunity in the Central Business District of New Orleans, featuring three contiguous buildings located on Canal Street at the intersection of Carondelet and Canal Streets. The properties are situated on the main streetcar line, with a stop at the corner of Carondelet and Canal, an area with a high volume of tourists and pedestrians. The property at 730 Canal, known as the Crystal Beauty Building, generates an annual income of $120,000. The property at 732 Canal, occupied by Foot Locker for Adults, generates $240,000 annually. The property at 738 Canal, occupied by Foot Locker for Kids, generates $260,000 annually. The property has a size of 12345 square feet.

Key Highlights

  • Prime location in the Central Business District of New Orleans at the intersection of Carondelet and Canal Streets.
  • Three contiguous buildings on Canal Street.
  • High pedestrian and tourist traffic due to Main Streetcar line stop on the corner.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Home Appliance Store HVAC Service (Bike/Boat/Book/etc) Store Locksmith Nursing Home Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

11,352
Businesses Nearby
478k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 61% Groceries 19% Dining 10% Shops & Services 7%
The Ritz-Carlton, New Orleans Hotels & Casinos
59,768 visits/mo 0.1 miles
Rouses Market Groceries
49,050 visits/mo 0.5 miles
Rouses Market Groceries
35,073 visits/mo 0.5 miles
Chevron Shops & Services
23,516 visits/mo 0.4 miles
Holiday Inn New Orleans-Downtown Superdome Hotels & Casinos
20,500 visits/mo 0.3 miles

Demographics for 70130, LA

14,521
Population
10,927
Households
1.3
Avg Household Size
38
Median Age
64%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
6,915
Density / Sq Mi
$82,758
Median Household Income
$52,492
Median Earnings
$1,410
Median Rent
$529,300
Median Home Value

Market

Vacancy Rate% for Retail in New Orleans, LA

5.5% 2019
7.2% 2020
5.7% 2021
4.3% 2022
3.6% 2023
3.9% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Three contiguous buildings on Canal Street in New Orleans.
Where is this strip mall located?
The property is located at 730/32/38 Canal Street New Orleans, LA.
What is the asking price?
The asking price for this property is $123,456.
What are key features of this property?
This property features: Prime location in the Central Business District of New Orleans at the intersection of Carondelet and Canal Streets.; Three contiguous buildings on Canal Street.; High pedestrian and tourist traffic due to Main Streetcar line stop on the corner.
More about this property
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