3432 Canal St, New Orleans, LA 70119

Property Details for 3432 Canal St

Year built

1900

Lot size

0.16 lot acres

Property type

Medical Office Space

Property subtype

Medical centers

APN

105300107

APU

105300107

Description

Exceptional investment opportunity in the heart of Midcity New Orleans. This portfolio consists of four buildings situated at the corner of Canal Street and South Clark Street, offering a combined land area of approximately 23,542 square feet. The buildings, individually addressable from 3420 to 3432 Canal Street and 118 to 124 South Clark Street, present a unique chance to acquire a significant footprint in a vibrant urban setting. Individual building pricing is available. Two buildings, 3432 Canal and 3426 Canal, were previously leased to the VA and feature sprinkler systems; 3432 Canal also includes a functioning elevator. The property is zoned HUMU (Historic Urban Mixed Use), allowing for a wide range of commercial uses, including retail, restaurants, or office spaces. The total asking price for the entire portfolio is $2,750,000. The buildings offer a combined square footage ranging from 1,600 to 12,422 square feet, providing flexibility for various development plans. This is a rare opportunity to acquire a substantial property in a rapidly growing area with significant redevelopment potential. The historical character of the neighborhood, combined with its proximity to the city's bustling activity, makes this an attractive investment for discerning buyers.

Location Insight

City

New Orleans

County

Orleans

State

Louisiana

Longitude

-90.0953

Latitude

29.9704

CBSA code

35380

CBSA name

NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments