3432 Canal St New Orleans, LA 70119
- Medical offices
- 6,099 SF
- 0.16 lot acres
Current Use by Public Records
- Medical offices
Property Details for 3432 Canal St
- Year built
- 1900
- Lot size
- 0.16 lot acres
- Property size
- 6,099 SF
- Property type
- Medical offices
- 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.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $225,000
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Location Insight
- Map
- Local Demand
- 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
