3434 Canal St New Orleans, LA 70119
- Office Properties & Spaces
- 6,099 SF
- 0.54 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 3434 Canal St
- Lot size
- 0.54 lot acres
- Property size
- 6,099 SF
- Property type
- Office Properties & Spaces
Description
This exceptional 6,099 sq ft, two-story Class B office building in New Orleans' Mid-City is available for $1,600,000. Located at 3434 Canal Street, on the corner of Canal and S. Clark, this property boasts a highly desirable location and significant potential for diverse commercial uses. The HU-MU zoning allows for flexibility in development, including office, multi-family, or retail ventures. The building features a full sprinkler system, an elevator, and is equipped with ADA-compliant ramps and features. A new roof, installed less than two years ago, ensures long-term cost savings. While currently vacant, the property offers off-street parking. This prime Mid-City location provides excellent visibility and accessibility. Note that this property is also available as part of a larger four-building package, including adjacent properties on Canal and S. Clark Streets. The 0.54-acre lot provides ample space for various development scenarios. The building's previous lease with the VA expired August 1, 2024, allowing immediate access for prospective buyers. This is a unique opportunity to acquire a versatile commercial property in a thriving New Orleans neighborhood. The asking price is $262.34 per square foot.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Orleans Parish
- State
- Louisiana
- Longitude
- -90.0952
- Latitude
- 29.9705
