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2623,2625,2529 Canal St - Canal Street Land 0.41 Acres of Commercial Land Offered at $924,493 CAD in New Orleans, LA 70119

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Investment Highlights

  • 5-Mile Demographics: Population of 363,271, Average Household Income $91,116, and Total Daytime Population of 448,326
  • All offers are subject to approval by Walgreens Real Estate Committee.
  • Nearby retailers include Big Easy Fresh Market, Family Dollar, Burger King, Rally's, Whole Foods, and more.

Executive Summary

A vacant land site offering a unique development opportunity with 113' of frontage along the famed Canal Street, and approximately 157' of depth. Adjacent to the highly trafficked intersection of Canal and Broad Streets and includes three parcels: 2623, 2625, and 2629 Canal Street. HU-MU Zoning offers a variety of permitted uses, ranging from medical, restaurant, office, and residential. No Lease end date.

Property Facts

Price $924,493 CAD
Sale Type Investment
Sale Conditions
Ground Lease (Leasehold)
  • Ground Lease (Leased Fee)
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Multifamily
  • Apartment Units
  • Medical
  • Restaurant
Total Lot Size 0.41 AC
Opportunity Zone Yes
Zoning HU-MU - Medical, Restaurant, Office, Residential

1 Lot Available

Lot 1-3

Price $924,493 CAD
Price Per AC $2,269,040.88 CAD
Lot Size 0.41 AC

3 Vacant Lots Totaling 0.41 AC On Canal Street in New Orleans

Description

A vacant land site offering a unique development opportunity with 113' of frontage along the famed Canal Street, and approximately 157' of depth. Adjacent to the highly trafficked intersection of Canal and Broad Streets and includes three parcels: 2623, 2625, and 2629 Canal Street. HU-MU Zoning offers a variety of permitted uses, ranging from medical, restaurant, office, and residential.

Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2-06-2-037-06
  • 2-06-2-037-07
  • 2-06-2-037-29
Land Assessment
$97,229 CAD
Improvements Assessment
$0 CAD
Total Assessment
$97,229 CAD
  • Listing ID: 31278273

  • Date on Market: 2024-03-20

  • Last Updated:

  • Address: 2623,2625,2529 Canal St, New Orleans, LA 70119

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