3105 Canal St New Orleans, LA 70119
This exceptional New Orleans property presents a unique investment opportunity. Priced at $1,900,000, this mixed-use space is ideally suited for a variety of entertainment-focused businesses. Currently configured as an event space and music venue, its adaptable layout allows for diverse uses, including a fitness center, recreational facility, pickleball arena, production/manufacturing facility, or brewery. The property's central New Orleans location offers excellent visibility and accessibility. The sale includes one key. The property is available for sale, lease, or joint venture. Attractive seller financing is available at a 5.5% interest rate. A non-disclosure agreement is required to access detailed building specifications and the confidential address within New Orleans city limits. This is a rare chance to acquire a versatile property in a thriving market, offering significant potential for return on investment. The property is classified as Hospitality, Mixed Use, Retail, and Special Purpose. Further information and the offering memorandum are available upon execution of a non-disclosure agreement.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.