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2337 Canal St
New Orleans, LA 70119
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Two-story mixed-use commercial building
- Daily Heavy Traffic
EXECUTIVE SUMMARY
2337 Canal Street is a two-story mixed-use commercial asset. The property features a stabilized ground-floor restaurant tenant on a five-year lease (until November 30, 2028) and an income-generating mid-term furnished rental unit on the second floor, offering a strong turnkey investment opportunity for an investor.
Minutes from Downtown, Mid-City, and the Medical District, the property benefits from heavy daily transit. The surrounding area is anchored by major institutions including University Medical Center and the VA Hospital and a strong mix of neighborhood retail, hospitality, and residential developments.
Two-story mixed-use commercial building
Income from: stabilized NNN restaurant lease + residential rental revenue (5 Beds, 5 Baths)
Mechanical, electrical, and plumbing systems: updated in 2022
Minutes from Downtown, Mid-City, and the Medical District, the property benefits from heavy daily transit. The surrounding area is anchored by major institutions including University Medical Center and the VA Hospital and a strong mix of neighborhood retail, hospitality, and residential developments.
Two-story mixed-use commercial building
Income from: stabilized NNN restaurant lease + residential rental revenue (5 Beds, 5 Baths)
Mechanical, electrical, and plumbing systems: updated in 2022
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,732 SF
Building Class
B
Year Built
1975
Price
$1,646,471 CAD
Price Per SF
$602.66 CAD
Percent Leased
100%
Building Height
2 Stories
Opportunity Zone
Yes
Zoning
HU-MU
PROPERTY TAXES
| Parcel Number | 2-06-2-028-13 | Improvements Assessment | $92,223 CAD |
| Land Assessment | $16,975 CAD | Total Assessment | $109,197 CAD |
PROPERTY TAXES
Parcel Number
2-06-2-028-13
Land Assessment
$16,975 CAD
Improvements Assessment
$92,223 CAD
Total Assessment
$109,197 CAD
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